Manaksia Ferro Industries
AnnouncedINManaksia's metal products business, including its investment in Mark Steels, with total assets of Rs 69.7 crore at 31 Mar 2025.
- Status
- Announced
- Expected
- Awaiting NCLT approval
- Parent
- Manaksia (MANAKSIA IN)
- Spin-off ticker
- To be announced
- Listing
- NSE and BSE
- Market
- India
Terms
1 Manaksia Ferro Industries share (FV Re 1) for every 1 Manaksia share (FV Rs 2); BSE observation letter 28 Jul 2025; NCLT Kolkata-convened shareholder meeting 10 Jan 2026; final NCLT sanction pending; listing subject to SEBI relaxation.
Key dates
- Board approval
- BSE observation letter
- Shareholder meeting
- NCLT sanction
Source documents
- Press releaseReceipt of BSE observation letter (07/29/25)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourcefilingreader.com (meeting notice)
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