Mafia Trends Ltd

Mafia Trends Ltd. announced the approval of its audited standalone financial results for the financial year ended March 31, 2026. The Board of Directors approved the results along with the Statement of Assets and Liabilities and Statement of Cash Flows. The audit report, issued by the statutory auditors, carries an unmodified opinion. Revenue from operations stood at ₹1,513.45 Lakhs for the year ended March 31, 2026, as compared to ₹797.1 Lakhs for the year ended March 31, 2025.

Mafia Trends Ltd announced the audited standalone financial results for the year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 30, 2026. The audit report, issued by the statutory auditors, has an unmodified opinion. Revenue from operations stood at ₹1,513.45 Lakhs for the year ended March 31, 2026.

Mafia Trends Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the Audited Financial Results for the half-year and year ended March 31, 2026. The meeting will also address any other business with the Chairman's permission. The trading window for designated persons remains closed and will open 48 hours after the results are declared.

Mafia Trends Ltd has announced the closure of its trading window for all directors, designated employees, connected persons, and their immediate relatives. The closure will be effective from Wednesday, April 1, 2026, until the expiry of 48 hours after the declaration of the Audited Financial Results for the Year ended on March 31, 2026. The decision is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. The designated persons and their immediate relatives are advised not to trade in the securities of the company during this period.

Mafia Trends Ltd has announced the withdrawal of the proposed preferential issue of 54,00,000 (Fifty Four Lakhs) Equity warrants to the Non Promoter Group. The decision was made in the Board Meeting held on January 29, 2026, due to market volatility and reduced investor interest in the proposed preferential allotment. The Company confirmed that the withdrawal of the proposed preferential allotment will not adversely impact its financial position, operations, or growth plans. The Company will consider alternative fund-raising options when market conditions are favourable.

Mafia Trends Ltd has announced the withdrawal of the proposed preferential issue of 54,00,000 convertible equity warrants. The decision was made during a Board meeting held on January 29, 2026, due to market volatility and reduced investor interest. The company believes this decision will not adversely impact its financial position, operations, or growth plans. Alternative fund-raising options will be considered when market conditions are favorable.

Mafia Trends Ltd. has issued a corrigendum to the Extra Ordinary General Meeting (EOGM) Notice dated November 14, 2025. The corrigendum provides clarification and more detail about the objects of the proposed preferential issue. The company will use the proceeds towards working capital requirements and other general corporate purposes. The tentative timeline for the utilization of funds is until March 31, 2027.

According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Mahendra Singh has sold 64,000 equity shares of Mafia Trends Limited. This sale represents approximately 14.62% of the total voting rights and total diluted capital of the company before the sale. The sale was made on the open market and the shares were sold at a price of Rs.10/- each, amounting to a total consideration of Rs.4,43,35,500/-. The sale has resulted in a decrease in Mahendra Singh's holding to 5,84,310 shares, representing approximately 12.58% of the total voting rights and total diluted capital of the company after the sale.

In a recent meeting, Mafia Trends Ltd announced the appointment of Mr. Dharmesh Mithabhai Patel as an Additional Director under the Non-Executive Independent Director category, effective from November 28, 2025. Mr. Patel is a Commerce Graduate from Gujarat University and has been providing Tax Consultant services for the past 9 years. He is not related to any Director or KMP and is not debarred from holding the office of director by any order of SEBI or any other such authority. Simultaneously, the company accepted the resignation of Mr. Amit Rameshbhai Uttamchandani, who served as an Independent Director, due to certain emerging unavoidable reasons and engagement in professional commitments.

In a recent meeting, the Board of Directors of Mafia Trends Ltd considered and appointed Mr. Dharmesh Mithabhai Patel (DIN: 11389357) as an Additional Director under the Category Non-Executive- Independent Director of the Company. Mr. Patel is a Commerce Graduate from Gujarat University and has been providing tax consultant services for the last 9 years. The Board also accepted the resignation of Mr. Amit Rameshbhai Uttamchandani (DIN: 10278185) from the office of Director appointed under the independent category of the Company.