Magnum Ventures Limited — QIP/Rights/Pref., 16-06-2026: Allotment of Securities

Magnum Ventures Limited has allotted 5,000 Non-Convertible Debentures (NCDs) via private placement, raising ₹50 Cr. Each NCD has a face value of ₹1 Lakh. Funds were raised from Neo Special Credit Opportunities Fund for working capital. The NCDs carry an 18% interest rate, secured by company assets and promoter guarantees.