Disclosure of Voting results of Postal Ballot (Clause 35A)
Magma Fincorp Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Clause 35A.03-04-2015
03-04-2015
Result of Postal Ballot
Magma Fincorp Ltd has informed BSE that the members of the Company have passed the Resolutions by way of Postal Ballot along with Scrutinizer Report.01-04-2015
Outcome of Committee Meeting (EGM on April 28, 2015)
Magma Fincorp Ltd has informed BSE that the Management Committee of the Board of Directors of the Company (which has been authorized in this regard) at its meeting held on March 30, 2015 has decided to convene an Extra Ordinary General Meeting on April 28, 2015 for seeking approval of the shareholders of the Company for issuance of Equity Shares on Preferential basis under the Securities and Exchange Board of India (Issue of Capital and Disclosure...30-03-2015
Updates on Outcome of Board Meeting
With reference to the earlier announcement dated March 30, 2015 wherein the Company had intimated Issuance of Equity Shares on preferential basis to Zend Mauritius VC Investments, Limited and Indium V (Mauritius) Holdings Limited and LeapFrog Financial Inclusion India Holdings Limited., Magma Fincorp Ltd has now informed BSE that Inadvertently, the Company have spelled the name of one of the proposed allotee in the outcome of Board Meeting as Indian...30-03-2015
KKR, Indium and LeapFrog to invest in Magma Fincorp
Magma Fincorp Ltd has informed BSE regarding a Press Release dated March 30, 2015 titled "KKR, Indium and LeapFrog to invest in Magma Fincorp"30-03-2015
Outcome of Board Meeting
Magma Fincorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2015, has approved issuance of 4,62,96,297 equity shares of face value of Rs. 2/- each (the "Equity Shares"), at a price of Rs 108/- (Rupees One Hundred Eight only) each aggregating up to Rs. 5,00,00,00,076 /- (Rupees Five Hundred Crore and Seventy Six Only), including a premium of Rs. 106/- per share to the proposed allottees....30-03-2015
Board Meeting on March 30, 2015
Magma Fincorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 30, 2015, inter alia, to consider issue of Equity shares on Preferential basis.Further, the provisions of Clause 36 of the Listing Agreement with the Stock Exchanges and in view of the issuance of Equity shares on Preferential basis, please note that the Trading Window under the Companys "Code of Conduct for Prevention of Insider...30-03-2015
Atul Bansal is the new CFO of Magma Fincorp
Magma Fincorp Ltd has informed BSE regarding a Press Release titled "Atul Bansal is the new CFO of Magma Fincorp".13-03-2015
Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Magma Fincorp Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 199213-03-2015
Outcome of Board Meeting
Magma Fincorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 13, 2015 have taken on record the stepping down of Mr. V Lakshmi Narasimhan as the Chief Financial Officer of the Company. Consequently Mr. Atul Bansal has been appointed as the new Chief Financial Officer of the Company with immediate effect.The appointment of Mr. Atul Bansal has been recommended by the Nomination and Remuneration Committee and the Audit Committee of the Company.13-03-2015