Mafia Trends Limited Calls EGM to Approve ₹7.29 Crore Convertible Warrant Issue

Mafia Trends Limited has announced plans to hold an Extraordinary General Meeting (EGM) on December 13, 2025, to seek shareholder approval for a significant capital raising initiative. The company aims to issue up to 54 lakh convertible warrants at ₹13.50 per warrant to non-promoter investors, potentially raising ₹7.29 crore.

Key Details of the Proposed Warrant Issue

Issue Size: Up to 54,00,000 convertible warrants
Issue Price: ₹13.50 per warrant
Total Fundraise: ₹7.29 crore (if fully subscribed)
Allottee Category: Non-promoter investors
Conversion Period: Warrants exercisable within 18 months of allotment

Purpose of the Fundraise

Mafia Trends intends to utilize the funds raised through this preferential allotment for:

Funding expansion plans
Meeting working capital requirements
General corporate purposes

Impact on Shareholding Structure

If all warrants are converted into equity shares, it would lead to a significant change in the company's shareholding pattern:

Category	Pre-Issue Shareholding	Post-Issue Shareholding
Promoter Holding	38.56%	17.39%
Non-Promoter Holding	61.44%	82.61%

EGM Details

Date: December 13, 2025
Time: 12:30 PM
Venue: Registered Office of the Company
Voting Method: Remote e-voting facility provided by NSDL

The remote e-voting period will commence on December 10, 2025 (9:00 AM) and end on December 12, 2025 (5:00 PM).

Regulatory Compliance

Mafia Trends has submitted the EGM notice to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice has been sent to shareholders whose names appeared on the Register of Members/List of Beneficial Owners as of November 14, 2025.

This move by Mafia Trends Limited represents a significant step towards strengthening its financial position and supporting its growth initiatives. Shareholders and potential investors should carefully consider the implications of this warrant issue on the company's future prospects and ownership structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.04%	+0.51%	+18.92%	-13.79%	-28.86%	-61.80%

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:

Particulars	Half-year ended Sept 30, 2025 (Rs. in lakhs)
Revenue from operations	1,005.66
Total Revenue	1,006.36
Total Expenses	949.93
Profit before tax	56.43
Net Profit	44.44
Basic Earnings per share (Rs.)	1.00

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.