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Manaksia Ferro Industries

AnnouncedIN

Manaksia'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

  1. Board approval
  2. BSE observation letter
  3. Shareholder meeting
  4. NCLT sanction

Source documents

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