Magnanimous Trade & Finance has scheduled its Annual General Meeting for September 30, 2026. The Board of Directors approved the date during its meeting held on August 31, 2026.

The company also cleared the Draft Directors' Report for the financial year 2025-26. M/s Pooja M Patel & Associates, Practicing Company Secretary, was appointed as the scrutinizer for the e-voting and venue voting processes.

Meeting Details

The AGM will commence at 11:00 am at the company's registered office in Jaipur. The address is 21C- Barwara House Colony, Civil Line Ajmer Puliya, Ajmer Road, Jaipur, Rajasthan.

Shareholders can participate through remote e-voting. The voting window opens on September 27, 2026, at 9:00 am and closes on September 29, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is September 23, 2026.

Share Transfer Book Closure

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the register of members and share transfer book will be closed from September 24, 2026, to September 30, 2026. This closure applies to both physical and dematerialized shares to facilitate the AGM.

Magnanimous Trade & Finance Limited reported a significant surge in profitability for the first quarter of FY27, with net profit after tax jumping 141% quarter-on-quarter to ₹45.7 lakh. The company’s operating income also expanded robustly, rising 86% to ₹75.3 lakh from ₹66.2 lakh in the preceding quarter.

The results were approved by the Board of Directors on August 13, 2026, following a limited review as required under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Performance

The company demonstrated strong operational efficiency during the period. Profit before tax, exceptional and extraordinary items stood at ₹61.1 lakh, compared to ₹25.3 lakh in the quarter ended March 31, 2026. This represents a more than doubling of pre-tax earnings in just one quarter.

Total comprehensive income for the period was reported at ₹38.3 lakh, up from ₹16.8 lakh in the previous quarter. The basic and diluted earnings per share (EPS) stood at ₹1.60, a substantial increase from ₹0.74 in Q4FY26.

What the Numbers Show

A key observation from the filing is the widening gap between pre-tax profits and net profit after tax. While pre-tax profit surged 141% to ₹61.1 lakh, net profit after tax also rose 141% to ₹45.7 lakh. This indicates that the effective tax rate remained relatively stable or that the tax burden did not disproportionately eat into the higher earnings, allowing most of the operational gain to flow through to the bottom line. The absence of exceptional or extraordinary items means this growth is purely operational.

Capital Structure

The company’s paid-up equity share capital remained unchanged at ₹228.4 lakh (face value ₹10 per share), consistent with the previous quarter. There were no changes in capital structure disclosed in the standalone results.