Magnum Ventures Limited — Others, 20-06-2025: Shareholders meeting

Magnum Ventures Limited has announced the approval of enhancing its borrowing limits and empowering the Board with greater authority. The company plans to issue up to 40,000 rated, redeemable, secured, non-convertible debentures at a face value of INR 1 lakh each, aggregating to INR 400 Cr in one or more tranches. This move aims to strengthen the company’s financial flexibility and support future growth initiatives. The approvals were secured through e-voting at an Extra-Ordinary General Meeting held via video conferencing.