Magnanimous Trade & Finance Limited Unveils 23:1 Bonus Share Issue and Significant Capital Expansion

2 min read     Updated on 20 Nov 2025, 11:44 AM
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Radhika SScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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.

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Magnanimous Trade & Finance Reports Substantial Q2 Growth with 127% Revenue Surge

1 min read     Updated on 12 Nov 2025, 12:26 PM
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Reviewed by
Riya DScanX News Team
Overview

Magnanimous Trade & Finance announced unaudited Q2 2025 results, showing significant growth. Revenue from operations increased 127.50% to ₹68.34 lakh, driven by interest income growth. Net profit surged to ₹33.38 lakh from ₹0.06 lakh in Q2 2024. Basic EPS rose to ₹2.81 from ₹0.01. Half-year revenue reached ₹100.42 lakh, up 128% year-over-year. The Board approved these results on November 12, 2025.

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*this image is generated using AI for illustrative purposes only.

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:

Metric Q2 2025 Q2 2024 YoY Change
Revenue from Operations ₹68.34 ₹30.04 127.50%
Interest Income ₹68.14 ₹30.04 126.80%
Net Profit ₹33.38 ₹0.06 55,533.30%
Basic EPS ₹2.81 ₹0.01 28,000.00%

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.

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