Sushil Kumar Agrawal Acquires 1.91% Stake in Manaksia Coated Metals & Industries Through Inter-Se Gift Transfer
Manaksia Coated Metals & Industries Limited reported an inter-se transfer of shares, resulting in Mr. Sushil Kumar Agrawal acquiring a stake representing 1.91% of the total equity and voting share capital of the company. The transaction was completed on June 23, 2026.The acquisition involved the transfer of 2,020,827 fully paid-up equity shares to Mr. Sushil Kumar Agrawal by Sumitra Devi Agarwalla. This inter-se transfer was conducted as a gift among members of the Promoter Group.
Mr. Sushil Kumar Agrawal is identified as a member of the Promoter Group in relation to this acquisition.
Transaction Details and Shareholding Status
The share capital structure of Manaksia Coated Metals & Industries Limited before and after the said transaction remained stable, with the equity share capital standing at Rs 10,58,34,050/-.Key details of the transaction are presented below:
| Metric | Pre-Transaction Status | Post-Transaction Status |
|---|---|---|
| Equity Share Capital | Rs 10,58,34,050/- (10,58,34,050 equity shares of Re. 1/- each) | Rs 10,58,34,050/- (10,58,34,050 equity shares of Re. 1/- each) |
| Total Diluted Share/Voting Capital | Rs 10,58,34,050/- | Rs 10,58,34,050/- |
The acquisition represents a 1.91% holding based on the pre-transaction data and subsequent changes in the company's capital structure.
The details of the share transfer are summarized as follows:
| Category | Details |
|---|---|
| Acquirer | Sushil Kumar Agrawal (Member of Promoter Group) |
| Seller | Sumitra Devi Agarwalla |
| Mode of Transfer | Inter se Transfer by way of Gift amongst members of the Promoter Group |
| Shares Acquired | 2,020,827 fully paid-up equity shares |
| Acquisition Date | 23.06.2026 |
MANAKCOAT Stock Price Movement
As of 9:12 AM in the pre-open session, shares of MANAKSIA COATED METALS & INDUSTRIES LIMITED are edging higher to ₹107.43, gaining 0.51%. Trading activity remains light as only 92 shares have been transacted during the early morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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