Magnanimous Trade & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/11/2025 ,inter alia, to consider and approve Increase Authorised ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Magnanimous Trade & Finance Limited has informed BSE that its Board of Directors will meet on Thursday, November 20, 2025. The key items on the agenda are to consider an increase in the Company's authorized share capital and to consider and approve the issue of bonus shares. The Board will also finalise the notice, date, and venue for an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for these proposals. The specific ratio for the bonus issue or the quantum of authorized capital increase has not been disclosed in this intimation. The filing was made under SEBI LODR Regulation 29.
This is a preliminary intimation - actual details (bonus ratio, new authorized capital) will only be known after the November 20 board meeting and subsequent EGM. Bonus issues are generally viewed positively by retail investors as they increase share liquidity, but the stock may see limited reaction until the exact terms are announced.