Company Profile

MAGMA FINCORP LTD.

NSE : MAGMABSE : 524000ISIN CODE : INE511C01022Industry : Finance - NBFCHouse : Magma
BSE17.90-0.4 (-2.19 % )
PREV CLOSE (Rs.) 18.30
OPEN PRICE (Rs.) 19.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 22766
TODAY'S LOW / HIGH (Rs.)17.55 19.20
52 WK LOW / HIGH (Rs.)17.1 138.2
NSE17.70 -0.55 (-3.01 % )
PREV CLOSE(Rs.) 18.25
OPEN PRICE (Rs.) 18.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 17.70 (290 )
VOLUME 422438
TODAY'S LOW / HIGH(Rs.) 17.45 19.15
52 WK LOW / HIGH (Rs.)16.75 138.3

Company News

Date Heading Details
11-Mar-2020 Magma Fincorp informs about record date <P align=justify>Pursuant to Regulation 60(1) and 60(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Magma Fincorp has informed about the Record date for the payment of interest/ redemption of the debentures with ISIN Number, INE511C07672 and INE511C07706 as on 21th March 2020 of the Company.<P align=justify>The above information is a part of company's filings submitted to BSE. <BR>
17-Feb-2020 Seeking Approval Of Members Through Postal Ballot Please find enclosed herewith intimation to Stock Exchange w.r.t. Seeking approval of members through Postal Ballot dated 14 February 2020.
01-Feb-2020 Magma Fincorp gets nod to invest Rs 100 crore in subsidiary <p align="justify">Magma Fincorp's board has approved an investment up to a sum of Rs 100 crore in the Equity Share Capital of Magma Housing Finance, Wholly Owned Subsidiary, to augment the subsidiary's lending business. The Board of Directors at their meeting held on January 31, 2020 has approved the same.<p align="justify">Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).</p>
31-Jan-2020 Magma Fincorp gets nod to raise Rs 3000 crore <p align="justify">Magma Fincorp has received an approval for raising funds through issuance of debt securities in the nature of non-convertible debt securities that is to say, secured, unsecured, subordinated debentures etc. for the financial year 2020-21 for an amount up to Rs 3000 crore. The Board of Directors at its meeting held on January 31, 2020 has approved the same.<p align="justify">Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).</p>
31-Jan-2020 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Intimation of grant of under ESOP Plan to eligible employess
31-Jan-2020 Announcement under Regulation 30 (LODR)-Press Release / Media Release Press Release in respect of appointment of Chief Executive Officer - ABF Business
31-Jan-2020 Approval For Issuance Of Debt Securities For The Financial Year 2020-21 For An Amount Upto Rs. 3000 Crore. Approval for issuance of debt securities for the financial year 2020-21 for an amount upto Rs. 3000 Crore.
31-Jan-2020 Investment Of Rs. 100 Crore In Wholly Owned Subsidiary Of The Company Investment of Rs. 100 crore in Wholly Owned Subsidiary of the Company
28-Jan-2020 Update on board meeting The Board Meeting to be held on 31/01/2020 has been revised to 31/01/2020 In continuation to our letter dated 30 December 2019 and pursuant to the Regulation 29 and 50 of the SEBI LODR, kindly note that the Board of Directors at its meeting scheduled on Friday, 31 January 2020 at Mumbai shall inter-alia consider raising of funds through issuance of Non-Convertible Debt Securities on private placement basis aggregating upto Rs. 3000 Crore during the Financial Year 2020-2021.
20-Dec-2019 Intimation To Ses W.R.T. Change In Name Of The Registrar And Transfer Agent I.E., Karvy Fintech Private Limited To Kfin Technologies Private Limited Please find enclosed Intimation to SEs w.r.t. Change in name of the Registrar and Transfer Agent i.e., Karvy Fintech Private Limited to KFin Technologies Private Limited