Outcome of Board Meeting

Sec/Coat/0074/FY 2026-27 Dated: 05.11.2026 To, To, The Manager, The General Manager, Listing Operations, Listing Department, Bombay Stock Exchange Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Mumbai-400001 Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Scrip Code: 539046 Symbol: MANAKCOAT Sub: Outcome of circular resolution passed by the Board of Directors held on November 05, 2026. Ref.: Qualified institutions placement of equity shares of face value ₹ 1 each (the “Equity Shares”) by Manaksia Coated Metals & Industries Limited (“Company”) under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62(1)(c) of the Companies Act, 2013, as amended, including the rules made thereunder (the “Issue”). Dear Sir/Madam, In furtherance to the approval accorded by the Board of Directors of the Company (the “Board”), at its Meeting held on October 29, 2026, for the opening of the Issue effective from October 29, 2026, we wish to inform you that the Board through circular resolution passed today i.e., November 05, 2026, has inter-alia considered and approved the following matters: (a) closure of the Issue today i.e., November 05, 2026, pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers in accordance with the terms of the Issue; (b) the allocation of 1,19,99,847 (One Crore Nineteen Lakhs Ninety-Nine Thousand Eight Hundred Forty- Seven) Equity Shares at an Issue price of INR 125 (Indian Rupees One Hundred Twenty-Five Only) per Equity Share at a discount of INR 2.01 (Indian Rupees Two and One Paise Only) per Equity Share, i.e. 1.58% to the floor price of INR 127.01 (Indian Rupees One Hundred Twenty-Seven And One Paise Only) per Equity Share, in accordance with the SEBI ICDR Regulations, including a premium of INR 124 (Indian Rupees One Hundred Twenty-Four Only) per Equity Share, upon the closure of the Issue, determined according to the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; (c) the Placement Document (“PD”) dated November 05, 2026; (d) finalised the confirmation of allocation note to be sent to eligible qualified institutional buyers, intimating them of the allocation of Equity Shares pursuant to the Issue; and (e) issuance of refund intimation letter to the bidders who are entitled to receive the refund amount, if any; In this relation, the Company will file the Placement Document dated November 05, 2026, with the Stock Exchanges in due course and will also be made available on the website of our Company at https://www.manaksiacoatedmetals.com/investor/qip. Thank you. Yours faithfully, For Manaksia Coated Metals & Industries Limited Shruti Agarwal Company Secretary and Compliance Officer M. No.: F12124 Place: Kolkata Date: November 05, 2026