BSECompany Update4d ago · 5 Nov 2026, 06:36 pm

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Manaksia Coated Metals & Industries Ltd · 539046

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Manaksia Coated Metals & Industries Limited has signed a Memorandum of Understanding (MoU) amounting to Rs. 210 Cr with a leading European client, further strengthening its export growth momentum and expanding its global footprint.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment9/10

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Manaksia Coated Metals & Industries Ltd - 539046 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Sec/Coat/073/FY 2026-27 Date: 05.11.2026 The Secretary The Manager BSE Limited National Stock Exchange of India Limited New Trading Wing, Exchange Plaza, C-1, Block “G” Rotunda Building, 5th floor, Bandra Kurla Complex, PJ Tower, Dalal Street, Bandra East, Mumbai- 400001 Mumbai- 400051 Scrip Code: 539046 Symbol: MANAKCOAT Dear Madam/Sir, Sub: Press Release Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed is Press Release dated 5th November, 2026, titled “MANAKSIA COATED METALS & INDUSTRIES LIMITED SIGNS EXPORT MEMORANDUM OF UNDERSTANDING AMOUNTING TO RS.210 CRORE”. This is for your information and for public at large. Thanking you, Yours faithfully, For Manaksia Coated Metals & Industries Limited Shruti Agarwal Company Secretary & Compliance Officer Membership No.: F12124 PRESS RELEASE CIN: L27100WB2010PLC144409 | BSE / NSE Listed Manaksia Coated Metals & Industries signs export MoU amounting to Rs. 210 Cr Fresh MoU’s underscore MCMIL’s continued export momentum and expanding global footprint Kolkata, 5th November 2026 - Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), one of the leading coated steel manufacturers and exporters, specializing in Alu-Zinc and Pre-Painted Steel products, has signed a Memorandum of Understanding (MoU) amounting to Rs. 210 Cr with a leading European client. The development comes against the backdrop of strong export performance, with the Company achieving exports of Rs. 603 Cr in FY26 and Rs. 397 Cr in H1 FY27 alone. This MoU further strengthens the Company’s export growth momentum and underscore the increasing acceptance of its value-added coated steel products across global markets. STRATEGIC SIGNIFICANCE o International Market Expansion: A Fresh MoU amounting to Rs. 210 Cr mark further expansion of MCMIL’s export presence across international markets, with exports already accounting for 68.21% of revenue in FY26. o Strong Export Execution: The Company has demonstrated its ability to convert international business opportunities into actual exports, achieving Rs. 603 Cr of exports in FY26 and Rs. 397 Cr in H1 FY27 alone, while expanding its international footprint by entering four new markets – Latvia, Brazil, Jamaica, and Somalia during H1 FY27. o Long-Term Customer Relationships: The fresh MoU’s strengthen relationships with international customers and provide potential for repeat orders and sustained offtake, while supporting higher utilization of the Company’s value-added product capacities. O Capacity-Led Growth: Ongoing technology upgrades and capacity expansion, including Alu- Zinc capacity of 1,80,000 MTPA and the upcoming increase in Pre-Painted Steel capacity to 2,36,000 MTPA, position the Company to support growing international and domestic demand. MANAGEMENT COMMENTARY Commenting on the development, Mr. Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries Limited, said: “The signing of fresh MoU’s with prestigious export customers marks another important milestone for Manaksia Coated Metals & Industries and reflects the growing confidence of our international customers in our products and execution capabilities. With our Alu-Zinc capabilities now fully operational and a growing focus on Pre-Painted Steel, we have strengthened our value-added product offering and are well positioned to meet a wider range of customer requirements across global markets. With the second Colour Coating Line nearing commissioning and our renewable energy initiative progressing, we expect to further optimize power costs and increase our value-added product mix. Looking ahead, our Phase 2 expansion, targeted for FY28, will further strengthen our manufacturing capabilities and support the next phase of scale-up. We continue to see healthy demand visibility from our long-term customers, and with our expanding capacities, strong customer relationships, and focus on value-added products, we remain well positioned to capture the opportunities emerging across international markets.” ABOUT MANAKSIA COATED METALS & INDUSTRIES LIMITED Manaksia Coated Metals & Industries Limited (MCMIL) is a prominent manufacturer and exporter of coated steel products. MCMIL manufactures Pre-painted Steel and Alu-Zinc-coated steel in coil & sheet forms. All value-added steel products are manufactured in the company’s facility in Kutch, Gujarat. Alu- Zinc and Pre-painted Steel products are value-added and specialized steel products widely used in various applications for construction, automotive, appliances, and general engineering industries. Manufacturing highly value-added steel products, the company utilizes modern machinery and meticulous attention to detail to meet customer specifications. Strategically situated, the company's manufacturing facility in Kutch, Gujarat, is in close proximity to Kandla and Mundra Ports, enhancing efficiency for exports, imports, and access to domestic coastal routes. In summary, MCMIL is renowned for its quality, strategic locations, and commitment to customer satisfaction. Positioned for ongoing success, it continues to drive innovation in the steel industry while meeting diverse market demands. INVESTOR RELATIONS & MEDIA CONTACT Registered Office: For further information: 8/1 Lal Bazar Street, Bikaner Building, Go India Advisors 3rd Floor, Kolkata – 700 001 Ms. Sana Kapoor Phone: +91-33-2243 5053 / 5054 Phone: +91 8146550469 Email: info@mcmil.in / company.secretary@mcmil.in Email: sana@goindiaadvisors.com Website: www.manaksiacoatedmetals.com Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties, like government actions, local, political, or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. *** END OF PRESS RELEASE ***