Mafia Trends Ltd

Financial snapshot

• Revenue from operations: ₹1,513.45 Lakhs in FY2026, up from ₹797.70 Lakhs.
• Total income: ₹1,531.67 Lakhs in FY2026, vs ₹800.32 Lakhs prior year.
• Net profit after tax: ₹47.31 Lakhs in FY2026, up from ₹40.83 Lakhs.
• EPS: ₹1.07 basic/diluted for FY2026.

Operations & segment

• Single primary segment: trading of apparels and readymade garments.
• Inventory: ₹862.48 Lakhs; trade receivables: ₹318.89 Lakhs.
• Store expansion and efficiencies drove FY2026 growth.

Capital structure & liquidity

• Share capital: ₹443.36 Lakhs; 44,33,550 shares fully paid.
• Borrowings: short-term ₹368.91 Lakhs; related-party loan ₹216.89 Lakhs.
• Cash and cash equivalents: ₹205.19 Lakhs; net worth ₹841.26 Lakhs.

Dividends & reserves

• Dividend not declared for the year.
• Retained earnings funded reserves; no transfer to reserves.
• Unclaimed dividend transferred to IEPF: Nil.

Governance & board

• New independent director Dharmesh Patel appointed Nov 28, 2025.
• Audit Committee chaired by Dharmesh Patel since Nov 28, 2025.
• Board met 7 times during the year.

Auditors, controls & risk management

• Statutory auditor: Asit N. Shah & Co; 2024-29 term.
• Internal auditor: Ashish Ramnani & Associates.
• Secretarial auditor: Brajesh Gupta & Co; MR-3 with no qualifications.

AGM details & disclosures

• 9th AGM scheduled for Sept 30, 2026 at 3:00 PM.
• Remote e-voting from Sept 27–29, 2026; cut-off Sept 23, 2026.
• Annual report and AGM notice available at mafialifestyle.in and BSE.

AGM Details

• AGM on Sep 30, 2026 at 3:00 PM, physical at registered office Ahmedabad, Gujarat.
• Remote e-voting from Sep 27, 2026, 9:00 AM to Sep 29, 2026, 5:00 PM; cut-off Sep 23, 2026.

Key Resolutions

• Adopt audited financial statements for the year ended 31 March 2026.
• Re-appoint director retiring by rotation.
• Regularise and appoint non-executive independent director for five-year term.

Mafia Trends Ltd closes trading window from 01 October 2026 until 48 hours after the declaration of the Un-Audited Financial Results for the Second Quarter and half year ended on September 30, 2026.

Director regularisation

• Regularisation of Dharmesh Mithabhai Patel from Additional Director to Non-Executive Independent Director for five-year term.
• Term from 28 Nov 2025 to 27 Nov 2030, subject to Members' AGM approval.
• Designation: Non-Executive Independent Director; not liable to retire by rotation.
• Background/profile not disclosed in filing.
• No changes to board/committee composition noted.

Scrutinizer appointment for AGM

• Appointed M/s Brajesh Gupta & Co as Scrutinizer for remote e-voting and AGM voting.
• Type: Scrutinizer (Secretarial) for AGM voting.
• Effective for the 9th AGM on 30 Sep 2026.
• Reason: to conduct voting fairly and transparently.

Preferential Issue Withdrawal ️

• The company withdrew the proposed preferential issue of 5,400,000 convertible equity warrants.
• The issue price was Rs. 13.50 per warrant.
• Warrants were to be allotted to the Non-Promoter Group on a preferential basis.
• Withdrawal was due to market volatility and reduced investor interest from share price decline.
• The withdrawal will not adversely impact the company’s financial position, operations, or growth plans.
• The company plans to consider alternative fundraising options when market conditions improve.