Manaksia Coated Metals & Industries Limited has announced the convening of crucial meetings for its shareholders, unsecured creditors, and secured creditors. These meetings are scheduled to take place on June 8, 2026, for shareholders and on June 9, 2026, for both unsecured and secured creditors. The primary purpose of these gatherings is to seek approval for a proposed Scheme of Merger between JPA Snacks Private Limited and Manaksia Coated Metals & Industries Limited. These meetings are being held pursuant to an order dated April 24, 2026, issued by the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench. For the convenience of all participants, the company has provided detailed information regarding the meeting schedules, including the commencement and conclusion dates and times for remote e-voting. The cut-off date for determining eligibility to vote for the Shareholders Meeting is June 1, 2026, while for the Unsecured and Secured Creditors Meetings, it was March 31, 2026. The Shareholders Meeting will commence on June 8, 2026, at 11:00 AM IST, and will be conducted in a virtual mode via video conferencing or other audio-visual means (OAVM). Remote e-voting for shareholders will be open from June 4, 2026, at 9:00 AM IST, and will conclude on June 7, 2026, at 5:00 PM IST. The meetings for unsecured and secured creditors will take place on June 9, 2026, with the unsecured creditors' meeting starting at 11:00 AM IST and the secured creditors' meeting at 2:00 PM IST. Remote e-voting for creditors will be open from June 4, 2026, at 9:00 AM IST, and will conclude on June 8, 2026, at 5:00 PM IST. All necessary notices, including the Explanatory Statement detailing the proposed Scheme of Merger, have been dispatched electronically to shareholders and creditors and are also available on the company's website and the NSDL e-voting portal. The NCLT has appointed Advocate Parikshit Poddar as the Chairperson for the Shareholders Meeting and Ms. Bidisha Achari as the Scrutinizer.
