Manoj Ceramic Ltd

Manoj Ceramic Ltd. informed the BSE Limited that the trading window for dealing in the company's equity shares will be closed from October 1, 2026, for all directors, designated persons, and connected persons, in preparation for the consideration of the unaudited financial results for the half year ending September 30, 2026; the trading window will reopen 48 hours after the results are declared, with the board meeting date to be announced later.

Manoj Ceramic Ltd announced credit ratings from Acuite Ratings & Research Limited and ACUITE, covering various instruments including Cash Credit and Proposed Long Term Bank Facilities amounting to 50.00 with an ACUITE BBB rating and a Stable outlook, which was assigned; additionally, ACUITE assigned a BBB rating with a Stable outlook to a Bank Loan of 50.00, a Cash Credit of 30.00, a Cash Credit of 14.50, and a Proposed Long Term Bank Facility of 5.50, all with RBI involvement; Acuite also provided ratings for PTCs/Securitisation Notes, Debt Securities, and Bank Loans, noting their origination by entities potentially regulated by SEBI, RBI, or MCA, while SEBI’s involvement was limited to Monitoring Agency and Research activities, and no rating data was found for N/A instruments.

The company is issuing 250,000 Compulsorily Convertible Preference Shares (CCPS) to Manoj Dharamshi Rakhasiya and Dhruv Manoj Rakhasiya, increasing the Rakhasiya family’s ownership stake in the firm. Manoj Rakhasiya will receive 230,000 CCPS, raising his stake to 14.09% from 12.68%, while Dhruv Rakhasiya will receive 20,000, maintaining his stake at 8.53%. The CCPS will convert into equity shares over an 18-month period, with the total post-preferential issue capital estimated at 14,057,000 shares. The transaction, governed by SEBI ICDR Regulations, requires shareholder approval and will result in dilution for existing shareholders, but the company asserts it will not trigger a change in control. The shares will be subject to a lock-in period and held in dematerialized form.

Manoj Ceramic Ltd. approved the variation of rights for 1,00,000 and 1,50,000 15% Non-Cumulative Non-Convertible Redeemable Preference Shares to 15% Compulsory Convertible Preference Shares, respectively, convertible into equity shares with a face value of Rs 10 each at a price of Rs 100 each, including a premium of Rs 90. The company will seek shareholder approval for the issuance at an Extraordinary General Meeting on October 15, 2026, and has appointed Rawal & Co. as the scrutinizer.

Manoj Ceramic Ltd. will hold a board meeting on Wednesday, September 16, 2026, to consider and approve a variation in the terms of its 15% Non-Cumulative Redeemable Preference Shares into 15% Compulsory Convertible Preference Shares and the subsequent allotment of equity shares, as per applicable laws and regulations, including the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Manoj Ceramic will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Manoj Ceramic has allotted 1,00,000 equity shares on conversion of warrants on 22 April 2026. With this allotment, the paid up equity share capital has increased to Rs. 13,80,70,000/- consisting of 1,38,07,000 fully paid-up equity shares of Rs. 10/- each.

Manoj Ceramic will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

Manoj Ceramic announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

Manoj Ceramic will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live