Manoj Ceramic Ltd

Manoj Ceramic Ltd. will hold a board meeting on Thursday, November 12, 2026, to consider and approve unaudited financial results for the half year ended September 30, 2026, along with a limited review report from the auditors, as per SEBI regulations. The trading window for designated persons, directors, and key managerial personnel will be closed up to 48 hours after the financial results are declared.

Manoj Ceramic Limited held an Extra-Ordinary General Meeting on Thursday, October 15, 2026, via video conferencing, where shareholders approved two special resolutions to vary the terms of 1,00,000 and 1,50,000 existing 15% Non-Cumulative Redeemable Preference Shares into 15% Compulsorily Convertible Preference Shares of Rs 100 each, respectively. The company, led by Chairman Dhruv Rakhasiya, also utilized an e-voting platform provided by PURVA, which was open from October 12 to October 14, 2026, and a subsequent e-voting module was available for 15 minutes after the meeting’s conclusion.

Manoj Ceramic Ltd. has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) scheduled for October 15, 2026, following observations from the BSE Limited regarding a proposed preferential issue of 15% Compulsorily Convertible Preference Shares (CCPS). The corrigendum provides clarifications and additional disclosures related to the issue price determination and the Practicing Company Secretary’s certificate, and includes a website link to the certificate, which was previously omitted. The company will issue the shares at a price of Rs 100 each with a premium of Rs 90 per share, and has obtained a Revised Pricing Certificate from Practising Company Secretary Vivek Rawal.

Manoj Ceramic Ltd. submitted a confirmation certificate to the BSE Limited and National Securities Depository Limited regarding securities dematerialized from July 1, 2026, to September 30, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with Purva Sharegistry (India) Private Limited acting as the Registrar and Share Transfer Agent.

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.