Magnanimous Trade & Finance Limited has successfully completed the allotment of bonus equity shares following the approval received at its Extra-Ordinary General Meeting (EGM) held on December 15, 2025. The Board of Directors, in their meeting held on January 5, 2026, formally approved the allotment of 2,18,83,764 fully paid-up bonus equity shares at a ratio of 23:1, with the record date set as January 2, 2026.

Board Meeting Outcome and Allotment Details

The Board meeting, chaired by Managing Director Mr. Kurjibhai Rupareliya, commenced at 8:30 AM and concluded at 8:50 AM on January 5, 2026. The directors approved the allotment of bonus shares in accordance with the shareholders' mandate received during the EGM proceedings.

Capital Structure Transformation

The bonus issue has resulted in a significant expansion of the company's paid-up equity share capital. The transformation reflects the company's commitment to enhancing shareholder value through strategic capital restructuring.

EGM Resolutions and Shareholder Approval

The EGM held on December 15, 2025, had addressed two critical resolutions that were initially approved by the Board of Directors on November 20, 2025. Shareholders participated through both e-voting and ballot voting mechanisms, with the voting process managed by Central Depository Services Limited (CDSL).

For the authorized capital increase resolution, 6,95,267 votes representing 79.96% of total valid votes were cast in favor. The e-voting period was conducted from December 12-14, 2025, with CS Krina Gokulkumar Shah serving as the appointed scrutinizer.

Share Crediting and Rights

The newly allotted bonus equity shares will rank pari-passu in all respects with the existing equity shares of the company. These shares carry the same rights as existing shares, including dividends and other corporate benefits declared by the company after the allotment date. The bonus shares will be credited to the respective beneficiary accounts of eligible shareholders in due course.

Regulatory Compliance

The company has fulfilled all regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report was submitted to BSE Limited on December 16, 2025, and the board meeting outcome has been communicated to the exchange as per prescribed timelines.

Magnanimous Trade & Finance has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing remarkable growth across key financial metrics.

Quarterly Performance Highlights

The company reported a significant increase in its financial performance for Q2 2025:

The company's total revenue from operations for Q2 2025 stood at ₹68.34 lakh, marking a substantial increase of 127.50% compared to ₹30.04 lakh in the same quarter last year. This growth was primarily driven by a rise in interest income, which increased to ₹68.14 lakh from ₹30.04 lakh year-over-year.

Notably, Magnanimous Trade & Finance reported a significant improvement in profitability. The company posted a net profit of ₹33.38 lakh for the quarter, a remarkable increase from ₹0.06 lakh in the corresponding quarter of the previous year.

Half-Year Performance

For the half-year period ended September 30, 2025, the company's total revenue reached ₹100.42 lakh, compared to ₹44.05 lakh in the prior year, representing a growth of 128%.

Earnings Per Share

The basic earnings per share (EPS) for Q2 2025 stood at ₹2.81, a substantial increase from ₹0.01 in the same quarter last year, reflecting the company's improved profitability.

Board Approval and Disclosure

The Board of Directors of Magnanimous Trade & Finance approved these unaudited financial results at their meeting held on November 12, 2025. The meeting, which started at 11:30 AM and concluded at 12:00 PM, was conducted in compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Magnanimous Trade & Finance, primarily engaged in finance and investment activities, continues to demonstrate strong growth in its core business segments. The significant increase in revenue and profitability may indicate improved operational efficiency and market conditions for the company's financial services.

Investors and stakeholders may view these results as a positive indicator of the company's financial health and growth trajectory. However, it's important to note that these are unaudited results, and the final audited figures may be subject to adjustments.