Maan Aluminium Limited has secured overwhelming shareholder approval to expand its business into power generation, paving the way for the company to formally include renewable and conventional energy activities within its corporate objectives. Through a postal ballot conducted via remote e-voting,...
The downstream and end-user segments of the aluminium industry delivered a diverse mix of developments, ranging from corporate earnings and infrastructure-led demand growth to changing electric vehicle sales patterns and new manufacturing technologies. Aluminium processors benefited from stronger...
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Sales rise 34.23% to INR 37.25 crore Net profit of Maan Aluminium declined 41.67% to INR 0.07 crore in the quarter ended March 2015 as against INR 0.12 crore during the previous quarter ended March 2014. Sales rose 34.23% to INR 37.25 crore in the quarter ended March 2015 as against INR 27.75 crore...
The Board of Directors of Maan Aluminium Ltd at its meeting held on December 27, 2014, has approved proposal for change in designation of Mr. Ravinder Nath Jain, from whole time Director to Chairman & Managing Director of the Company. The Board accepted the resignation of Mr. Mohinder Jain from the...
Maan Aluminium announced that the Board of Directors of the Company at its meeting held on 30 May 2014, had passed the following resolutions: 1. Approved the appointment of Ankur Jain, Sachit Jain, Shailesh Surendra Choksi and Kavish Shailesh Choksi as additional directors. 2. Noted the resignation...
Net profit of Maan Aluminium declined 21.43% to Rs 0.11 crore in the quarter ended September 2013 as against Rs 0.14 crore during the previous quarter ended September 2012. Sales rose 19.20% to Rs 25.33 crore in the quarter ended September 2013 as against Rs 21.25 crore during the previous quarter...
Himadri Chemicals & Industries (HCIL), India’s largest producer of coal tar pitch, will invest INR 350 crore to meet higher demand arising out of new capacity additions in the aluminium sector and the graphite industry, its main user industries. The company’s main product line, coal tar pitch (CTP)...
Net profit of Maan Aluminium declined 40% to INR 0.06 crore in the quarter ended March 2013 as against INR 0.10 crore during the previous quarter ended March 2012. Sales declined 16.79% to INR 30.63 crore in the quarter ended March 2013 as against INR 36.81 crore during the previous quarter ended...
Aditya Birla Group company Hindalco will receive $100 million in financing from Export Development Canada or EDC, the country’s export credit agency, for its Mahan Aluminium Project in Madhya Pradesh. The agreement, signed a few days ago, will support the supply of technology and capital equipment...
Maan Aluminium Ltd has successfully commissioned a new 1320 MT Extrusion press alongwith a modern 10 MT foundry and Hot Top Casting Machine at an overall cost of Rs. 10 Crores thereby increasing the Aluminium Extrusion capacity to 9000 MT per annum. The Maan Aluminium Ltd stock closed the day at...
A Meeting of the Board of Directors of Maan Aluminium Ltd will be held on May 30, 2012, to decide on the recommendation of dividend if any, for the financial year ended March 31, 2012. The Board will consider and approve Audited Financial Results for the financial year ended March 31, 2012. The...
Maan Aluminium Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 21, 2011 to September 29, 2011 for the purpose of Payment of Dividend & 8th Annual General Meeting (AGM) of the Company to be held on September 30, 2011.
Maan Aluminium Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2011, inter alia, has transacted the following: - "In Principle" approval was accorded to the merger of SMW Metal Pvt. Ltd. with the Company, with effect from April 01, 2011, subject to...
Maan Aluminium Ltd has informed BSE that the Company shall be availing services from Delhi office of its Registrar and Transfer Agent M/s Link Intime India Pvt Ltd. The address is as under; M/s Link Intime India Pvt Ltd A-40, IInd Floor, Naraina Industrial Area, Phase II, New Delhi- 110028
The much-touted and highly prolific Mahan coal block, on which two major projects of two big conglomerates are hinged, is expected to see light of the day very soon. According to sources in the know, the government is keen to clear the clouds of uncertainty hovering over the Mahan coal block...
...Aditya Birla group owned Hindalco is raising Rs 8000 crore rupee loan for its Mahan Aluminium project. The lenders include SBI Caps, Kotak Mahindra Bank , Citibank & Royal Bank of Scotland. The average interest rate for the rupee is loan is 10.25%. Hindalco is expected to sign the deal with the...
...Maan Aluminum reported a phenomenon drop in standalone net profit for the quarter ended December 2010. During the quarter, the profit of the company declined 97.01% to INR 0.20 million from INR 6.70 million in the same quarter last year...
...Man Aluminum Limited has announced the Financial Results for the Quarter ended December 31st 2010...
...Man Aluminium announced a phenomenon drop in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company declined 59.68% to INR 2.50 million from INR 6.20 million in the same quarter last year...
...Man Aluminium disclosed a phenomenal rise in standalone net profit for the quarter ended June 2010. During the quarter, the profit of the company rose 2.31 times to Rs 3.00 million from Rs 1.30 million in the same quarter last year...
