Magnum Ventures Limited — Others, 06-08-2025: Disclosure under SEBI Takeover Regulations

Magnum Ventures Limited's promoter, Parv Jain, has extended the pledge of 83,24,255 shares, amounting to 12.5% of the total share capital and 22% of the promoter's holding. This share encumbrance serves as security for an additional Rs 50 Crore issuance of Non-Convertible Debentures (NCDs) by the company. The funds secured through these NCDs are earmarked for the company's capital expenditure and crucial working capital requirements. This strategic move aims to bolster the company's financial liquidity and support its ongoing operational and growth initiatives.