Shareholders’ Overview

Manaksia has steadfast belief in the partnership principle that has led to the strong identification with its family of stakeholders. The belief system today pervades in the organisation empowering its progress and accelerating its growth.

Manaksia has consistently paid dividends and it has proven capabilities in creating shareholder value. Manaksia rewards shareholders with a passion that equals its efforts at generating customer delight.

As on 31st Mar 2014, Manaksia has about 31,253 shareholders who have reposed faith in the uniquely devised business model of Manaksia. It maintains a transparency in operation through a regular channel of communication with its family of stakeholders.

The main channel of communication to the shareholders is through the annual report which inter alia includes Directors' Report, the Report on Corporate Governance, Management Discussion and Analysis Report, the Consolidated Group Accounts with Auditors' Report and Shareholders' Information.

The Company holds the Annual General Meeting (AGM) that acts as the principal forum for interaction with shareholders, where the board responds to the specific queries raised by the shareholders. The board acknowledges its responsibility towards its shareholders and therefore encourages open and active interaction with all its shareholders - be it individuals, corporates or foreign investors.

Details relating to quarterly performance and financial results are disseminated to the shareholders through press releases to media across the country and by hosting on the company's website. The financial results are also published in leading publications in India.

Regular communications with its shareholders are mutually beneficial as it allows the Company to understand the perspective of investors to all the efforts that are aimed at creating value for the stakeholders. It ensures that the corporate strategy is being clearly understood and business model is being clearly defined.