Maan Aluminium acquires building along with leasehold land

Maan Aluminium Ltd. | Aluminium & Aluminium Products | Metals & Mining | BSE: 532906 | NSE: MAANALU

06 Mar 2025 Evaluate

Maan Aluminium is planning for expansion of its manufacturing business of Aluminium Extrusion & value - added services, for this the company has acquired the building along with leasehold land situated at 81A and 82C, Devas Industrial Area - I, M B Road, Devas (M.P.) The Land area measuring around 13,117 Sq. Meters. The total expenditure is Rs 8.75 crore excluding stamp duty and other charges.

MAAN Aluminium formerly known as MAN Aluminum is a secondary producer of Aluminum in India. It was incorporated in 1988 with a project to manufacture Aluminium Extrusions.

Peers

Company Name	CMP
National Aluminium	357.00
Maan Aluminium	102.60
Arfin India	89.56
Palco Metals	172.40
Hind Aluminium Inds.	92.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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