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Manaksia Aluminium Company gets nod to increase authorized capital limit

21 Jan 2020 Evaluate

Manaksia Aluminium Company has received approval for increasing authorized capital of the company and consequently alteration in the capital clause of Memorandum of Association of the company. The company has also got nod for raising fund for an amount aggregating up to Rs 990 lakh, by way of equity shares of the company to its eligible shareholders on a right basis. The Board of Directors of the Company at its meeting held on January 21, 2020 has approved the same.

Manaksia Aluminium Company is engaged in the manufacturing of aluminium rolled product. Its products include aluminium sheets and coils, flooring sheets, roofing sheets, colour coated coils, closure coils and sheets, colour coated roofing sheets etc. 


Peers
Company Name CMP
National Aluminium 371.40
Maan Aluminium 110.95
Arfin India 88.08
Manaksia Aluminium 38.04
PG Foils 230.40
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