Kolkata, 19th December, 2010: It was an afternoon of colour, of fun and excitement for over 500 school children of Kolkata. The occasion was "Magma Voyage", the annual Sit & Draw competition. Organized by Magma Fincorp Limited, India's leading retail finance company, in association with Young Men's Association, Bakul Bagan, Kolkata, the event entered its fifth year.

The competition was held across four age groups - Group A (3 to 5 years), Group B (6 to 9 years), Group C (10 to 13 years) and Group D (14 to 16 years). The Topic for all the Groups was As You Like.

Attractive prizes were handed out to the first three winners of each group by renowned photographer Mr Sanat Ghosh, who also judged the competition. All the participants were given attractive gifts by Magma Fincorp Limited.

"This is for the fifth year running that we are arranging Magma Voyage for the young painting enthusiasts of the city. The participants are indeed talented and some of them would definitely make a mark in the coming days. The enthusiasm and spirit shown by the children are what makes us also look forward to Magma Voyage, every year", said. Kaushik Sinha, National Head, Communications & Admin, Magma Fincorp Limited.

About Magma Fincorp Limited

Magma Fincorp Limited ("Magma") is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve Bank of India (RBI) as an Asset Finance Company. The Company, having started operations over two decades back, is listed on the Bombay Stock Exchange Limited and the National Stock Exchange in India.

Magma provides a bouquet of financial products including financing of Utility Vehicles & Cars, Commercial Vehicles, Construction Equipments, Tractors and SME Loans. Magma has a dedicated base of over 2.35 lac customers and has assets of approximately INR 9865 crores under management. The company has 170 branches in 20 states and 1 union territory and employs about 4800 people.