Magnanimous Trade & Finance Limited will hold its 41st Annual General Meeting (AGM) on Wednesday, 30th September 2026 at 11:00 A.M. (IST) at its registered office at 21C- Barwara House Colony, Civil Line Ajmer Puliya, Ajmer Road, Jaipur-302006, Rajasthan.

Business to be Transacted

Ordinary Business:

Item No. 1: Adoption of Audited Standalone Financial Statements for the year ended 31st March 2026, including the Balance Sheet, Statement of Profit & Loss, and Cash Flow Statement, together with Reports of the Board of Directors and Auditors.

Item No. 2: Re-appointment of Mr. Kurjibhai Premjibhai Rupareliya [DIN: 05109049] as Managing Director. He retires by rotation and, being eligible, offers himself for re-appointment.

Special Business:

Item No. 3: Appointment of M/s. Pooja M Patel & Associates, Practicing Company Secretary (Firm Registration No. A60023 & CP No: 28609), as Secretarial Auditor for a term of five consecutive financial years from 2026-27 to 2030-31. The remuneration and reimbursement of out-of-pocket expenses will be approved by the Audit Committee/Board. This appointment supersedes a previous decision to appoint them only for FY 2026-27 to fill a casual vacancy created by the resignation of the previous auditor.

Item No. 4: Regularization of Mr. Darvin Maheshbhai Kiyada [DIN: 11849750] as a Non-Executive Independent Director for a term of five years, effective from 25th July 2026. He was initially appointed as an Additional Director on 25th July 2026.

Item No. 5: Regularization of Mr. Rushi Arvindbhai Savaliya [DIN: 11847074] as a Non-Executive Independent Director for a term of five years, effective from 25th July 2026. He was initially appointed as an Additional Director on 25th July 2026.

Director Details

Mr. Kurjibhai Premjibhai Rupareliya (Managing Director):

  • Date of Birth: 23/03/1953 (73 years old)
  • Date of Appointment: 23/05/2025
  • Qualification: Matriculation
  • Expertise: Management and handling day-to-day business activities.
  • Experience: Over 44 years of experience in varied fields.
  • Term: Five years, from 23rd May 2025 to 22nd May 2030.
  • Shareholding: NIL
  • Directorships in other companies: Holds six directorships in other companies (MPF Systems Limited, EPC First Limited, Sky Occean Infrastructure Limited, E Trav Tech Limited, Big Umbrella Licensing & Distribution Limited, Talwalkars Better Value Fitness Limited).
  • Meetings Attended (FY25-26): 9 out of 9 board meetings.

Mr. Darvin Maheshbhai Kiyada (Proposed Independent Director):

  • Date of Birth: 16/11/2002 (24 years old)
  • Date of Appointment: 25/07/2026
  • Qualification: Graduate
  • Expertise: Accounting & Finance.
  • Experience: Over 2 years in accounting and finance.
  • Term: Five years, from 25th July 2026 to 24th July 2031.
  • Shareholding: NIL
  • Directorships in other companies: NIL

Mr. Rushi Arvindbhai Savaliya (Proposed Independent Director):

  • Date of Birth: 11/07/2003 (23 years old)
  • Date of Appointment: 25/07/2026
  • Qualification: B.E. Mechanical Engineering
  • Expertise: Research, Leadership, and Management.
  • Experience: Multilingual Mechanical Engineering graduate with hands-on experience in engineering, research, leadership, and management.
  • Term: Five years, from 25th July 2026 to 24th July 2031.
  • Shareholding: NIL
  • Directorships in other companies: NIL

Voting Information

  • Record Date: Wednesday, 23rd September 2026.
  • Remote e-Voting Period: Begins on Sunday, 27th September 2026 at 9:00 A.M. and ends on Tuesday, 29th September 2026 at 5:00 P.M.
  • Voting Service Provider: Central Depository Services Limited (CDSL).
  • Share Transfer Book Closure: From Thursday, 24th September 2026 to Wednesday, 30th September 2026 (both days inclusive).

Other Notes

  • The notice includes a detailed explanatory statement pursuant to Section 102 of the Companies Act, 2013.
  • The company is promoting a green initiative and encourages members to register their email addresses for electronic communication.
  • The document contains full instructions for remote e-voting for both demat and physical shareholders, including helpdesk contact details for CDSL (helpdesk.evoting@cdslindia.com / 1800 21 09911) and NSDL (evoting@nsdl.com / 022-4886 7000).
  • Proxy forms must be deposited at the registered office not less than 48 hours before the meeting.