New Risk • 15h
New major risk - Revenue and earnings growth Revenue has declined by 39% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 39% over the past year. Shareholders have been substantially diluted in the past year (over 293x increase in shares outstanding). Minor Risk Revenue is less than US$5m (₹124m revenue, or US$1.3m). Announcement • May 20
Mrugesh Trading Limited to Report Q4, 2026 Results on May 27, 2026 Mrugesh Trading Limited announced that they will report Q4, 2026 results on May 27, 2026 Announcement • Feb 06
Mrugesh Trading Limited to Report Q3, 2026 Results on Feb 13, 2026 Mrugesh Trading Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Jan 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 2947x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (over 2947x increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹5.51b market cap, or US$60.0m). Announcement • Nov 11
Mrugesh Trading Limited to Report Q2, 2026 Results on Nov 13, 2025 Mrugesh Trading Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Sep 10
Mrugesh Trading Limited, Annual General Meeting, Sep 29, 2025 Mrugesh Trading Limited, Annual General Meeting, Sep 29, 2025, at 17:00 Indian Standard Time. Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Independent Director Swati Jain was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 09
Mrugesh Trading Limited to Report Q1, 2026 Results on Aug 14, 2025 Mrugesh Trading Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Board Change • Jul 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Independent Director Swati Jain was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 20
Mrugesh Trading Limited to Report Q4, 2025 Results on May 27, 2025 Mrugesh Trading Limited announced that they will report Q4, 2025 results on May 27, 2025 Announcement • Feb 04
Mrugesh Trading Limited to Report Q3, 2025 Results on Feb 12, 2025 Mrugesh Trading Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Announcement • Feb 01
Mrugesh Trading Limited Announces Appointment of Twinkle Bhardwaj as Company Secretary and Compliance Officer Mrugesh Trading Limited announced that it has appointed to Ms. Twinkle Bhardwaj as Company Secretary and Compliance Officer with effect from 01st February, 2025. Ms. Twinkle Bhardwaj is an associate member of the
Institute of Company Secretaries of India. she has over 5 years of experience in dealing Secretarial Compliances and legal matters. Besides being Company Secretary, she is holding degree of Bachelor in Commerce (B.Com.), Masters of Commerce (M.Com), LLB from Hans Law College. Announcement • Oct 28
Mrugesh Trading Limited to Report Q2, 2025 Results on Nov 13, 2024 Mrugesh Trading Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Aug 23
Mrugesh Trading Limited Announces Resignation of Pooja Manthan Patel as Company Secretary and Compliance Officer Mrugesh Trading Limited announced resignation of Mrs. Pooja Manthan Patel as Company Secretary and Compliance Officer of the Company due to pre occupation and other commitments. Announcement • Aug 03
Mrugesh Trading Limited to Report Q1, 2025 Results on Aug 13, 2024 Mrugesh Trading Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • Jul 31
Mrugesh Trading Limited announced that it has received INR 180 million in funding from Jainam Finserve Private Limited On July 29, 2024, the company announced that it has issued 72,000,000 Convertible Warrants on preferential basis having face value of INR 10 each at an issue price of INR 2.5 per share for the gross proceeds of INR 180,000,000. The transaction included participation from Jainam Finserve Private Limited; Shree Vallabh Energy Private Limited; Bikit Private Limited; Sivaya Transformation Private Limited each for 5,000,000 warrants; Sivaya Pharmaceuticals Private Limited for 2,000,000 warrants; Telikos Technology Private Limited for 15,000,000 warrants; Shreshtha Transit Private Limited for 15,000,000 warrants; Atiksh Enterprise Private Limited for 10,000,000 warrants and Adrank Media Private Limited for 10,000,000 warrants. The transaction has been approved by the board of directors of the company. Announcement • Jun 20
Mrugesh Trading Limited Announces Directorate Changes Meeting of the Board of Directors of the Mrugesh Trading Limited held on 19th June, 2024 considered and approved the following: Acceptance of Resignation of Mr. Jugalkishor Ramkishan Agrawal as Whole time Director of the Company with effect from June 19, 2024 due to pre occupation in other assignments. Acceptance of Resignation of Ms. Priyanka Singhal as Non-Executive Independent Director of the Company with effect from June 19, 2024 due to pre occupation in other assignments. Appointment of Mr. Peeyush Sethia as an Additional Director of the Company for the Category of Non-Executive Independent Director with effect from June 19, 2024. Mr. Peeyush Sethia is a Qualified Company Secretary from the Institute of Company Secretaries of India. Mr. Peeyush Sethia has an Experience in the Company Law and other secretarial matters for more than 10 years. Board Change • Jun 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Swati Jain was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 