Magma Fincorp

• Magma Fincorp Jumps 17% on Fund Raising Plans

  Trading volume also surged in the counter as 41.20 lakh shares have changed hands as against its 2-week average trading volume of 0.15 lakh shares.

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  NBFCs Rise After RBI Nod For Banking Correspondent

  This move will help banks to increase their reach in remote areas where it is not cost effective to set up a branch.

• RBI restricts foreign investors from purchasing Tata Chemicals shares

  The Reserve Bank of India (RBI) on Friday restricted foreign institutional investors (FIIs) from purchasing shares in Tata Chemicals as foreign shareholding in the company has reached the trigger limit.

• Experts say no timeline for GST, DTC implementation in Budget

  Experts have said the Budget for 2012-13 has failed to set any timeline for implementation of vital economic reform measures

• Magma Fincorp Q3 net dips 57.5%, but total income rises

  Magma Fincorp has posted a 57.5 per cent drop in net profit to Rs 13.89 crore in the third quarter.

• MAGMA FINCORP LTD. - Updates on Outcome of AGM

  Magma Fincorp Ltd has submitted to BSE a copy of the minutes of the 31st Annual General Meeting (AGM) of the members of the Company held on June 21, 2011.

• MAGMA FINCORP LTD. - Outcome of Management Committee Meeting

  Magma Fincorp Ltd has informed BSE that at the Meeting of the Management Committee of the Board of Directors of the Company (which has been authorized in this regard) held on July 26, 2011 has proposed the Alteration to the Articles of Association by way of Adoption of new set of Articles of Association of the Company in substitution of and exclusi...

• MAGMA FINCORP LTD. - Allotment of equity shares

  Magma Fincorp Ltd has informed BSE that the Nomination and Remuneration Committee of the Board of Directors of the Company which has been authorised in this regard vide Resolution passed by Circulation on July 29, 2011 has allotted 35650 Nos. Equity Shares of Rs. 2/- each at a price of Rs. 36/- per share (including a premium of Rs. 34/- per share) ...

• Magma Fincorp Ltd - Allotment of Equity Shares

  Magma Fincorp Ltd has informed BSE that the Board of Directors of the Company vide Resolution passed by Circulation on June 30, 2011 have allotted 4,98,54,375 Equity Shares of the face value of Rs. 2/- each at a price of Rs. 88/- per share (including a premium of Rs. 86/- per share) as under: 1. Investor / Entity: International Finance Corporation....

• Magma Fincorp Outcome of AGM

  Magma Fincorp Ltd has informed BSE that the 31st Annual General Meeting (AGM) of the Company was held on June 21, 2011.

• Magma Fincorp Ltd - Payment Date for Dividend

  Magma Fincorp Ltd has informed BSE that subject to the approval of the Shareholders of the Company at the<p>forthcoming 31st Annual General Meeting to be held at Kala Kunj Auditorium, 48, Shakespeare Sarani, Kolkata 700 017 on June 21, 2011 at 10.30 AM, the dividend to be declared shall be paid / dispatched on June 27, 2011.

• Magma Fincorp Ltd - KKR led consortium invest in Magma Fincorp; Rs. 4400 million Investment to Fuel Growth of the Business

  Magma Fincorp Ltd has informed BSE regarding a Press Releaes dated May 25, 2011 titled "KKR LED CONSORTIUM INVESTS IN MAGMA FINCORP; Rs 4400 million Investment to Fuel Growth of the Business"

• Magma Fincorp slides on ex-dividend

  Magma Fincorp fell 1.49% to Rs 291.80 at 12:48 IST on BSE, on turning ex-dividend for a dividend of Rs 2 per share for the year ended March 2010.Meanwhile, the BSE Sensex was down 101.70 points, or 0.58% to 17,512.78.On BSE, 10,608 shares were traded in the counter as against an average daily volume of 94,970 shares in the past one quarter. The sto...

• Magma Fincorp's board approves sub-division of equity shares

  On 14 June 2010Magma Fincorp has announced that the directors of the company vide resolution passed by them by circulation dated 14 June 2010 has approved, sub-division of the existing equity share of face value of Rs 10 each into 5 equity share of face value Rs 2 per share, subject to the approval of the shareholders of the company at the forthcom...

• Stock-split plan lifts Magma Fincorp

  Magma Fincorp surged 3.84% to Rs 292.25 at 11:39 IST on BSE, after the company's board approved a 5-for-1 stock split.The company made this announcement during trading hours today, 15 June 2010.Meanwhile, the BSE Sensex was down 49.43 points, or 0.29% to 17,288.74.On BSE, 50,975 shares were traded in the counter as against an average daily volume o...