Maan Aluminium News

MAAN Aluminium Appoints Karan Bhatia as Independent Director

MAAN Aluminium Limited has appointed Mr. Karan Bhatia as Additional Non Executive Independent Director for a five-year term starting April 1, 2026, subject to shareholder approval.

MAAN Aluminium Allots 59 Lakh Shares at ₹141

MAAN Aluminium Ltd completed preferential allotment of 59,00,000 equity shares at ₹141 per share to promoters and non-promoter investors, raising funds through SEBI ICDR regulations compliance.

Maan Aluminium Shareholders Approve Articles Alteration and Preferential Share Issue

Maan Aluminium Limited's shareholders passed two special resolutions at an extraordinary general meeting held on November 29, 2025, approving alteration in the company's articles of association and issue of equity shares on preferential basis. Both resolutions received overwhelming support with 99.9998% votes in favor, indicating strong shareholder confidence in the proposed corporate restructuring measures.

MAAN Aluminium Reports Q2 FY26 Results, Plans Rs. 110 Crore CAPEX for Value Addition

MAAN Aluminium Limited reported quarterly results with revenue of Rs. 191 crores and operating profit of Rs. 7.96 crores, while announcing plans to invest Rs. 110 crores in value addition capabilities including powder coating, anodizing, and machining facilities. The company has doubled its extrusion capacity from 12,000 tons to 24,000 tons per annum and expects to achieve 15%-18% EBITDA margins within 2-3 years through enhanced value-added services targeting defense, aerospace, and EV sectors.