Magnum Ventures (MAGNUM) — Board Meeting

Magnum Ventures Limited announced the outcome of its May 27, 2026 board meeting, approving audited FY2025-26 financial results, a security cover certificate, and terms for a new INR 50 crore NCD issuance. The auditor highlighted a key matter regarding a INR 150 crore term loan repayment linked to NCDs and imposed a INR 12 lakh SEBI penalty. The filing also disclosed prior shareholder approval for a larger INR 400 crore NCD issuance and included auditor's findings on inventory valuation and trade receivables.

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About Magnum Ventures Limited (MAGNUM)

Forest Materials · Paper · Listed on NSE

Market Cap: ₹127.25 Cr ROE: -0.2% ROCE: 4.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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