Magnum Ventures Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

Magnum Ventures Limited has announced a board meeting to discuss various key topics. The main agenda includes the approval of the financial results for the quarter and half-year ending September 30, 2024. Additionally, the Board will consider a proposal for raising funds through the issuance of listed rated secured redeemable non-convertible debentures (NCDs) totaling up to ₹30 crore (30 Cr) on a private placement basis. This approval is subject to the shareholders' consent and the formation of a Debt Raise Committee to oversee the process.