Manaksia Coated Metals & Industries Limited has announced a series of meetings for its shareholders, unsecured creditors, and secured creditors. These meetings are scheduled to seek approval for a proposed Scheme of Merger between JPA Snacks Private Limited and Manaksia Coated Metals & Industries Limited. The notice, along with an explanatory statement, has been electronically sent to all eligible shareholders and creditors as of the respective cut-off dates. The Shareholders Meeting is scheduled for Monday, June 8, 2026, at 11:00 AM IST, to be conducted virtually. The Unsecured Creditors and Secured Creditors Meetings will take place on Tuesday, June 9, 2026, with the Unsecured Creditors Meeting at 11:00 AM IST and the Secured Creditors Meeting at 2:00 PM IST, also in virtual mode. Remote e-voting for shareholders will commence on Thursday, June 4, 2026, at 9:00 AM IST and conclude on Sunday, June 7, 2026, at 5:00 PM IST. For creditors, remote e-voting starts on Thursday, June 4, 2026, at 9:00 AM IST and ends on Monday, June 8, 2026, at 5:00 PM IST. The cut-off date for determining eligibility to vote for shareholders is Monday, June 1, 2026, while for creditors, it is Tuesday, March 31, 2026. The company has provided detailed instructions for virtual participation and electronic voting through the NSDL platform. The proposed Scheme of Merger is subject to the approval of the requisite majority at these meetings, as well as the subsequent sanction of the Hon'ble National Company Law Tribunal, Kolkata Bench, and any other necessary regulatory approvals.
