Magnanimous trade & finance Limited has announced the resignation of Independent Director Ms. Arzoo P Rabari, effective January 30, 2026. The company informed BSE Limited about this board change in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Ms. Arzoo P Rabari (DIN: 10754153) submitted her resignation from the position of Independent Director citing pre-occupancy as the primary reason. In her formal resignation letter, she mentioned personal reasons and other professional commitments as factors leading to her decision.

Other Directorships

The disclosure revealed that Ms. Rabari holds directorships in multiple listed entities beyond Magnanimous Trade & Finance Limited. Her current board positions include:

• Ashapura Intimates Fashion Limited
• TTL Enterprises Limited
• MPF Systems Limited

These directorships indicate her involvement across various sectors and may have contributed to the pre-occupancy cited in her resignation.

Regulatory Compliance

The company has fulfilled all regulatory requirements under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. Ms. Rabari provided written confirmation that there are no material reasons for her resignation other than those mentioned in her resignation letter.

Corporate Communication

The resignation was formally communicated to BSE Limited by Managing Director Kurjibhai Rupareliya (DIN: 05109049) through a digitally signed document dated January 30, 2026. The company requested BSE to acknowledge receipt and update their records accordingly.

This board change represents a routine corporate governance matter, with the company maintaining transparency through proper regulatory disclosures and documentation as required under listing regulations.

A-1 Ltd has confirmed key dates for its corporate actions following shareholder approval through postal ballot. The chemical trading and electric vehicle company has set December 31 as the record date for its 3:1 bonus issue and January 8 for its 10:1 stock split, with shares responding positively to the developments.

Corporate Actions Approved

The company received postal ballot approval through e-voting on December 22 for multiple corporate actions. The approved measures include the bonus issue, stock split, increase in authorized share capital, and investment in EV company A-1 Sureja Industries.

Bonus Share Distribution

Under the 3:1 bonus ratio, shareholders will receive three new fully paid-up equity shares for every existing share held. This represents A-1 Ltd's second bonus issue, with the previous distribution announced in August 2021 at a ratio of 3:20.

Stock Split Details

The company has approved subdivision of one equity share of ₹10 face value into 10 equity shares of ₹1 face value each. The January 8 record date will determine shareholder eligibility for this 10:1 stock split.

Market Response and Investment Plans

Shares of A-1 Ltd were up 5% at ₹1,841, reflecting positive investor sentiment following the corporate action approvals. The company has also received approval to make investments in A-1 Sureja Industries, expanding its presence in the electric vehicle sector.

Key Dates for Investors

Investors must hold shares in their demat accounts as of the respective record dates to be eligible for these corporate actions. Under India's T+1 settlement cycle, shares must be purchased at least one trading day before the record date to qualify for the benefits.