Manaksia Steels has acquired 13,25,000 equity shares of Manaksia on September 16, 2020 through market purchase. Consequent upon the aforesaid acquisition, the revised shareholding of the company in Manaksia has been increased from 4.08% to 6.10%.
Manaksia Steels is a steel manufacturing company. Its products include cold rolled steel sheets, cold rolled coils, hot dipped galvanised steel and pre painted profile sheets.