Latest news about Magnanimous Trade & Finance
Magnanimous Trade & Finance
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More news about Magnanimous Trade & Finance
28Mar 26
Magnanimous Trade & Finance Limited Appoints New Additional Director and Chief Financial Officer
Magnanimous Trade & Finance Limited's board meeting on March 27, 2026, resulted in two key appointments. Ms. Shweta was appointed as Additional Director (Non-Executive Independent) for five years, bringing expertise in corporate governance and marketing. Mr. Satyendra Keshav Giri was appointed as CFO, contributing over 16 years of BFSI sector experience. Both appointments are subject to regulatory approvals and demonstrate the company's focus on strengthening its leadership structure.
12Feb 26
Magnanimous Trade & Finance Reports Q3 FY26 Net Loss Despite Strong Interest Income Growth
Magnanimous Trade & Finance Limited reported a net loss of ₹1.65 lakhs for Q3 FY26 compared to a profit of ₹713.06 lakhs in Q3 FY25, despite remarkable 1,227% growth in interest income to ₹72.17 lakhs. The company's revenue structure transformed significantly with sales dropping to zero while interest income became the primary revenue source. For the nine-month period, the company maintained profitability at ₹65.94 lakhs, though lower than ₹652.48 lakhs in the previous year. The quarterly loss was primarily attributed to tax expenses totaling ₹38.07 lakhs, including prior year adjustments.
30Jan 26
Magnanimous Trade & Finance Limited Announces Resignation of Independent Director Ms. Arzoo P Rabari
Magnanimous Trade & Finance Limited announced the resignation of Independent Director Ms. Arzoo P Rabari (DIN: 10754153) effective January 30, 2026, due to pre-occupancy and personal reasons. The director confirmed no other material reasons for resignation and currently holds directorships in three other listed companies. The company complied with all SEBI regulatory requirements for board change disclosures.
05Jan 26
Magnanimous Trade Finance Completes Bonus Share Allotment at 23:1 Ratio
Magnanimous Trade & Finance Limited has successfully completed its bonus share allotment process, with the Board approving 2,18,83,764 bonus equity shares at a 23:1 ratio on January 5, 2026. This follows the EGM approval received on December 15, 2025, where shareholders voted in favor of capital restructuring proposals. The allotment increases the company's paid-up capital from ₹95.15 lakhs to ₹22.84 crores, with the record date set as January 2, 2026.
29Dec 25
A-1 Ltd Confirms Bonus Issue and Stock Split Record Dates After Approval
A-1 Ltd has confirmed record dates for its corporate actions after receiving postal ballot approval on December 22. The company set December 31 for its 3:1 bonus issue and January 8 for 10:1 stock split, with shares rising 5% to ₹1,841 following the announcements.
12Nov 25
Magnanimous Trade & Finance Reports Substantial Q2 Growth with 127% Revenue Surge
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.
08Sept 25
Magnanimous Trade & Finance Ltd Announces Major Board Restructuring and AGM Plans
Magnanimous Trade & Finance Ltd (MTFL) has announced significant changes to its board and leadership structure. The company appointed two new Independent Non-Executive Directors and changed the designation of Mr. Kurjibhai Premjibhai Rupareliya to Managing Director. Five directors resigned from the board. MTFL also appointed a new Secretarial Auditor, Company Secretary & Compliance Officer, and statutory auditor. The company reconstituted its key committees and approved the relocation of its offices within Jaipur. The 40th Annual General Meeting is scheduled for September 30, 2025, where shareholders will vote on these changes.
06Sept 25
Magnanimous Trade & Finance Ltd Announces Resignation of Statutory Auditors
Magnanimous Trade & Finance Ltd has disclosed the resignation of its statutory auditors, M/s. Gupta & Shah, Chartered Accountants, effective September 5, 2025. The company stated no concerns were raised by the auditors regarding management or material reasons for the resignation. The Audit Committee and Board will consider appointing new statutory auditors to fill the casual vacancy. This announcement was made in compliance with SEBI regulations.
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