Magnanimous Trade & Finance Limited has successfully concluded its Extra-Ordinary General Meeting (EGM) held on December 15, 2025, where shareholders voted on significant capital restructuring proposals. The meeting, chaired by Managing Director Mr. Kurjibhai Rupareliya, was conducted at the company's registered office in Jaipur and concluded at 11:30 AM. The scrutinizer's report confirms that both resolutions were passed with requisite majority.

EGM Proceedings and Resolutions

The EGM addressed two critical resolutions that were previously approved by the Board of Directors on November 20, 2025. Shareholders participated through both e-voting and ballot voting mechanisms to decide on the company's strategic capital expansion plans. CS Krina Gokulkumar Shah served as the appointed scrutinizer for the voting process.

Voting Process and Results

The company facilitated shareholder participation through a comprehensive voting mechanism managed by Central Depository Services Limited (CDSL). E-voting was conducted from December 12, 2025, at 9:00 AM to December 14, 2025, at 5:00 PM, with the cut-off date for e-voting eligibility set as December 8, 2025.

For Resolution No. 1 (authorized capital increase), 6,95,267 votes representing 79.96% of total valid votes were cast in favor. For Resolution No. 2 (bonus share issue), the resolution was passed as a special resolution with requisite majority, though specific voting numbers were not clearly legible in the scrutinizer's report.

Capital Structure Transformation

The first resolution involved increasing the company's authorized share capital from ₹2,37,00,000 divided into 23,70,000 equity shares of ₹10 each to ₹23,00,00,000 divided into 2,30,00,000 equity shares of ₹10 each. This represents a substantial expansion in the company's capital base, providing enhanced financial flexibility for future growth initiatives.

Bonus Share Details

The second resolution addressed the issuance of bonus equity shares at an attractive ratio of 23:1, meaning shareholders will receive 23 bonus equity shares of ₹10 each for every one fully paid-up equity share held.

Next Steps and Implementation

The scrutinizer's report was submitted to BSE Limited on December 16, 2025, confirming the successful passage of both resolutions. The company expects to credit or dispatch the bonus shares within two months from the date of Board approval, with the record date for determining eligible shareholders to be communicated separately.

As of March 31, 2025, Magnanimous Trade & Finance Limited maintained a strong financial position with ₹21,88,37,640 available in its Capital Redemption Reserve account and Surplus in the Profit & Loss Account, supporting these significant corporate actions aimed at enhancing shareholder value.

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.