Beacon Stone Capital, an FPI, sold 550,000 shares of Manaksia Coated Metals & Industries for ₹6.82 Cr at ₹124.08 apiece in a bulk deal.
A manufacturer and exporter of high-performance coated metal products, Manaksia Coated specializes in producing advanced steel coatings for industrial, construction, and automotive applications. The company serves both domestic and international markets with a focus on technical quality and innovation in metal coating solutions. Incorporated in 2010, it operates as a vertically integrated producer of specialized coated steel products for diverse end-use sectors.
Beacon Stone Capital is a Singapore variable capital company that is an active anchor investor in Indian SME and listed equity offerings.
