Mafia Trends Limited has successfully obtained shareholder approval for its ₹7.29 crore convertible warrant issue at the Extraordinary General Meeting (EGM) held on December 13, 2025. The special resolution was passed with unanimous support, receiving 100% votes in favor from both promoter and public shareholders.

EGM Voting Results

The voting results demonstrate strong shareholder confidence in the company's capital raising initiative:

Approved Warrant Issue Details

The shareholders have approved the issuance of convertible warrants with the following specifications:

Shareholding Impact

If all warrants are converted into equity shares, the company's shareholding structure will undergo significant changes:

Fund Utilization

Mafia Trends intends to utilize the funds raised through this preferential allotment for funding expansion plans, meeting working capital requirements, and general corporate purposes.

Regulatory Compliance

The company has maintained full compliance with regulatory requirements, including Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report was prepared by Brajesh Gupta & Co., Company Secretaries, confirming the validity of the voting process.

The successful approval of this warrant issue positions Mafia Trends Limited to strengthen its financial foundation and pursue growth opportunities in the retail sector.

Mafia Trends Limited , a company listed on the BSE, has announced significant corporate actions and financial results in its recent board meeting held on November 14, 2025.

Equity Warrant Issue

The company's board has approved the issuance of 54,00,000 equity warrants at Rs. 13.50 per warrant to non-promoter investors. This move is expected to raise up to Rs. 72.90 crore. The warrants will be convertible into an equal number of equity shares with a face value of Rs. 10 each.

Key details of the warrant issue:

• Issue price: Rs. 13.50 per warrant (including a premium of Rs. 3.50)
• Conversion period: Within 18 months from the date of allotment
• Payment terms: 25% upfront, remaining 75% upon conversion

An Extraordinary General Meeting (EGM) is scheduled for December 13, 2025, to seek shareholder approval for this preferential issue.

Half-Year Financial Results

Mafia Trends Limited has also reported its unaudited financial results for the half-year ended September 30, 2025:

The company has shown a significant improvement in its financial performance compared to the same period last year:

• Revenue from operations increased from Rs. 263.96 lakhs to Rs. 1,005.66 lakhs
• Net profit rose from Rs. 8.75 lakhs to Rs. 44.44 lakhs
• Basic earnings per share improved from Rs. 0.20 to Rs. 1.00

Balance Sheet Highlights

As of September 30, 2025:

• Total assets stood at Rs. 1,570.02 lakhs
• Shareholders' funds increased to Rs. 838.39 lakhs
• Inventories were reported at Rs. 736.23 lakhs

Cash Flow Statement

For the half-year ended September 30, 2025:

• Net cash flow from operating activities: Rs. (18.99) lakhs
• Net cash flow used in investing activities: Rs. (28.88) lakhs
• Net cash flow from financing activities: Rs. (48.15) lakhs

The company's cash and cash equivalents decreased from Rs. 276.39 lakhs at the beginning of the period to Rs. 180.36 lakhs at the end.

These financial results have been subject to a limited review by the statutory auditors, Ashit N. Shah & Co, who have not reported any material misstatements.

The equity warrant issue, if fully subscribed and converted, could provide Mafia Trends Limited with additional capital for its operations.