SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magma Fincorp approves amendment of share entitlement ratios

01 Jun 2012 Evaluate

Magma Fincorp has now informed that the board of directors of the company vide circular resolution passed on May 31, 2012 have approved the amendment to the share entitlement ratio for every 1 (one) fully paid up equity share of Rs 10 each held by shareholders in the company, one equity share of Rs 7 each will be issued and allotted in HPL' The scheme is subject to the consent or approval of the requisite majority of the shareholders, the High Court of Kerala at Ernakulam and other statutory or regulatory authorities, which by law may be necessary for the implementation of the scheme.

The above information is part of company’s filing submitted to the BSE.

Poonawalla Fincorp Share Price

414.00 6.75 (1.66%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×