Mafia Trends News

Mafia Trends Withdraws ₹7.29 Crore Warrant Issue

Mafia Trends Limited withdraws proposed preferential issue of 54 lakh convertible warrants worth ₹7.29 crore citing market volatility and reduced investor interest in equity shares.

Mahendra Singh Sells 64,000 Shares in Mafia Trends Limited

Mahendra Singh sold 64,000 equity shares of Mafia Trends Limited through open market transactions, reducing his shareholding from 14.62% to 13.18%. The disclosure was made under SEBI regulations for substantial acquisition of shares and takeovers, with the company's total equity capital remaining at Rs. 4.43 crore comprising 44,33,550 shares of Rs. 10 each.

Mafia Trends Limited Reconstitutes Board Committees

Mafia Trends Limited's Board of Directors approved the reconstitution of its Audit Committee and Nomination & Remuneration Committee in a meeting held on November 28, 2025. The committees now include specific designations for Chairman and Member roles across Non-Executive Independent Directors, Non-Executive Directors, and Managing Director positions.

Mafia Trends Limited Appoints New Independent Director, Accepts Resignation of Another

Mafia Trends Limited appointed Dharmesh Mithabhhai Patel as Additional Non-Executive Independent Director for a 5-year term and accepted the resignation of Amit Rameshbhai Uttamchandani from the same position, both effective November 28, 2025. The changes were made due to Uttamchandani's professional commitments, with Patel bringing 9 years of tax consultancy experience to strengthen the board composition.

Mahendra Singh Sells 1.16 Lakh Shares in Mafia Trends Limited

Mahendra Singh sold 1,16,000 equity shares of Mafia Trends Limited through open market transactions from November 24-25, 2025, reducing his stake from 17.24% to 14.62%. The transaction represents a 2.61% reduction in his shareholding in the BSE-listed company with total equity capital of Rs. 4.43 crore comprising 44,33,550 shares of Rs. 10 each.