Magnum Ventures Limited — QIP/Rights/Pref., 12-08-2025: Allotment of Securities

Magnum Ventures has allotted 5,000 Secured, Redeemable Non-Convertible Debentures (NCDs), each at a face value of ₹100,000, raising ₹50 Cr. These NCDs were issued via private placement to Neo Special Credit Opportunities Fund and its co-investors. This fund infusion will support the company's capital expenditure and working capital needs. The NCDs carry an 18% annual coupon, maturing in August 2027, and are secured by company assets, personal guarantees, and a pledge of promoter shares. An additional redemption premium of ₹0.85 Cr is also due.