Description

Undertaking for credit of bonus equity shares in depository system with record date on January 4, 2026 and trading to commence on January 6, 2026.

Summary

Magnanimous Trade & Finance Limited has submitted an undertaking to National Securities Depository Limited regarding the credit of bonus equity shares to eligible shareholders. The company confirms that bonus shares will be credited to demat accounts by noon on January 5, 2026 (T+1 day after record date) and will be available for trading from January 6, 2026 (T+2 day) on a Beginning of Day (BOD) basis.

Key Points

  • Company: Magnanimous Trade & Finance Limited (Scrip Code: 512377)
  • CIN: L65923RJ1991PLC059251
  • Corporate Action: Bonus Issue of Equity Shares
  • Record Date: January 4, 2026 (Saturday)
  • Undertaking submitted to NSDL in compliance with BSE requirements
  • Company will coordinate with Registrar & Share Transfer Agent and Depositories for timely execution

Regulatory Changes

No regulatory changes. This is a standard corporate action compliance document.

Compliance Requirements

  • Bonus equity shares must be credited to eligible shareholders’ demat accounts through the depository system by 12:00 Noon on T+1 day (Monday, January 5, 2026)
  • Bonus shares must be available for trading on BOD basis on T+2 day (Tuesday, January 6, 2026)
  • Compliance with applicable SEBI Regulations, Depository Rules, and BSE guidelines is mandatory
  • Company must coordinate with R&T Agent and Depositories to ensure timely credit

Important Dates

  • December 26, 2025: Date of undertaking submission
  • January 4, 2026 (Saturday): Record date for bonus issue eligibility
  • January 5, 2026 (Monday): Credit of bonus shares to demat accounts by 12:00 Noon (T+1)
  • January 6, 2026 (Tuesday): Bonus shares available for trading on BOD basis (T+2)

Impact Assessment

Shareholder Impact: Eligible shareholders as on the record date will receive bonus equity shares in their demat accounts, increasing their shareholding without additional investment.

Market Impact: The bonus issue will increase the number of outstanding equity shares and may improve liquidity. Trading will commence on T+2 basis ensuring smooth market operations.

Operational Impact: The company has committed to strict timelines ensuring efficient processing through the depository system and coordination with intermediaries for seamless execution of the corporate action.

Impact Justification

Standard bonus issue corporate action affecting shareholders of Magnanimous Trade & Finance Limited with specific timelines for credit and trading.