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Incorporated in 2013, My Mudra Fincorp Limited acts as a Channel Partner (DSA) for major banks and NBFCs in India.
My Mudra Fincorp announced its 13th Annual General Meeting (AGM) will be held via Video Conferencing/OAVM. The Annual Report for FY25-26 and AGM notice have been sent to shareholders.
MYMUDRA promoters pledged 9.11% of their equity shares (10.38 lakh shares) to secure INR 1.50 Cr in company borrowings. This move impacts promoter stake flexibility.
Promoter Nisha Kulshrestha inadvertently transferred 12,83,200 excess shares, totaling 18,33,200, instead of the intended 5,50,000 shares as security for a Rs. 3.5 Cr personal loan. Rectification is in progress. The company states no impact on operations or financials.
My Mudra Fincorp is now an authorized distributor for Nippon India Mutual Fund. This expands its financial services, enabling the company to offer a wider range of mutual fund schemes to retail and institutional investors through its network and digital platforms.
MYMUDRA promoter pledged 21 lakh shares (18.43% of total capital) to secure INR 4 Cr in company borrowings. This move aims to strengthen the company's financial position.