Magnanimous Trade & Finance Limited Unveils 23:1 Bonus Share Issue and Significant Capital Expansion
Magnanimous Trade & Finance Limited (MTFL) has approved a 23:1 bonus share issuance and an increase in authorized share capital from Rs. 2.37 crores to Rs. 23.00 crores. The bonus issue will utilize Rs. 19.73 crores from Free Reserves and Rs. 2.15 crores from Capital Redemption Reserves. Post-bonus paid-up capital will increase to Rs. 22.83 crores. These proposals require shareholder approval at an EGM scheduled for December 15, 2025. E-voting will be available from December 12-14, 2025.

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Magnanimous Trade & Finance Limited (MTFL) has announced a series of strategic moves aimed at restructuring its share capital and rewarding its shareholders. The company's Board of Directors, in a meeting held on November 20, 2025, approved two significant proposals that are set to transform its capital structure.
Capital Expansion
The Board has given the green light to increase the company's authorized share capital from Rs. 2.37 crores to Rs. 23.00 crores, marking a substantial expansion in its capital base. This decision reflects MTFL's ambition for growth and its preparation for future financial flexibility.
Bonus Share Issuance
In a move that is likely to be welcomed by shareholders, MTFL has approved the issuance of bonus shares at a ratio of 23:1. This means that for every one fully paid-up equity share held, shareholders will receive 23 bonus shares of Rs. 10 each.
Key Details of the Bonus Issue
| Particulars | Details |
|---|---|
| Type of Securities | Equity Shares |
| Issuance Type | Bonus Issue |
| Bonus Ratio | 23:1 |
| Pre-Bonus Paid-up Capital | Rs. 95,14,680 (9,51,468 shares) |
| Post-Bonus Paid-up Capital | Rs. 22,83,52,320 (2,28,35,232 shares) |
| Reserves Utilization | Rs. 19,73,22,000 from Free Reserves |
| Rs. 2,15,15,640 from Capital Redemption Reserves |
Implementation Timeline
The company expects to credit or dispatch the bonus shares within two months from the date of Board approval. The record date for determining eligible shareholders will be communicated at a later stage.
Shareholder Approval and EGM
Both the capital increase and bonus issue proposals are subject to shareholder approval. An Extra-Ordinary General Meeting (EGM) has been scheduled for December 15, 2025, at 11:00 AM at the company's registered office in Jaipur, where shareholders will vote on these resolutions.
E-voting Details
For shareholders' convenience, MTFL has arranged for an e-voting facility:
- E-voting period: December 12, 2025 (9:00 AM) to December 14, 2025 (5:00 PM)
- Cut-off date for e-voting eligibility: December 8, 2025
Financial Position
As of March 31, 2025, MTFL reported having Rs. 21,88,37,640 available in its Capital Redemption Reserve account and Surplus in the Profit & Loss Account, indicating a strong financial position to support this corporate action.
These strategic decisions by Magnanimous Trade & Finance Limited underscore the company's commitment to enhancing shareholder value and preparing for future growth opportunities. Shareholders and potential investors should closely monitor the upcoming EGM and subsequent announcements for the finalization of these significant corporate actions.
Historical Stock Returns for Magnanimous Trade & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | 0.0% | 0.0% | -100.00% |






























