Manaksia Coated Metals & Industries Limited To Raise Funds Via Preferential Issue Of Equity Warrants
Dec 03, 2024
Mumbai (Maharashtra) [India], December 3: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), A leading manufacturer and exporter of high-quality coated metal products, has announced the approval of a preferential warrant issue to raise Rs134.55 crore. The board of directors approved the issuance of 2,07,00,000 warrants at Rs65 per warrant during its meeting on December 02, 2024. This move will support the company's ambitious plans for capacity expansion and a major technology upgrade.
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