Magnanimous Trade & Finance Ltd., has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on Mar-31st-2024.This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
There is no change in the shareholding of Magnanimous Trade & Finance Ltd., for 31st March 2024.Please review the blog below to understand the changes that have been made.
Promoters shareholding remained stable, at 71.4% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 28.6% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s delve deeper into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
| Shareholder Name | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) | Current Quarter Quantity (In crores) | Previous Quarter Quantity (In crores) |
|---|---|---|---|---|---|
| Sudhir Kumar Parasrampuria HUF | 0 | 9.41 | – | 0.009 | 0 |
| Sudhir Kumar Parasrampuria Huf | 9.41 | – | – | 0 | 0.009 |
Sudhir Kumar Parasrampuria Huf had 9.41% of shares in the previous quarter but exited in the current quarter.
| Shareholder Name | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) | Current Quarter Quantity (In Crores) | Previous Quarter Quantity (In Crores) |
|---|---|---|---|---|---|
| Ankit Poddar | – | 1.17 | – | 0.001 | 0 |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 6.76 | 11.92 | + 5.16 % | 0.011 | 0.006 |
| Subhash Chandra Gangwar | – | 2.72 | – | 0.003 | 0 |
| Chetan Basotia | – | 2.44 | – | 0.002 | 0 |
| Any Other (specify) | 12.81 | 7.65 | -5.16 % | 0.007 | 0.012 |
| Pramod Kumar And Sons | – | 7.65 | – | 0.007 | 0 |
| Purushottamdas Pramod Kumar | 2.72 | – | – | 0 | 0.003 |
| Pramod Kumar Shakuntala Devi (huf) . | 2.44 | – | – | 0 | 0.002 |
| Pramod Kumar And Sons . | 7.65 | – | – | 0 | 0.007 |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 5.16 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -5.16 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Pramod Kumar And Sons had no shares in the previous quarter but now holds 7.65% of shares in the current quarter.Purushottamdas Pramod Kumar had 2.72% of shares in the previous quarter but exited in the current quarter.Pramod Kumar Shakuntala Devi (huf) . had 2.44% of shares in the previous quarter but exited in the current quarter.Pramod Kumar And Sons . had 7.65% of shares in the previous quarter but exited in the current quarter.