Magnum Ventures Share Price Today

Magnum Ventures passes all six resolutions at 46th AGM

All six resolutions at Magnum Ventures' 46th AGM were passed. Promoters voted 100% in favor of all agenda items. Public shareholders opposed director re-appointments with ~3.7% dissent. FY26 financial statements adopted with 99.99% support.

NCLT allows Magnum Ventures paper business demerger first motion

NCLT Allahabad bench allowed first motion for Magnum Ventures' paper business demerger on September 22, 2026. Shareholder meetings scheduled for November 20, 2026, via video conferencing with remote e-voting. Share exchange ratio set at 2 new equity shares for every 10 held in Magnum Ventures. Hotel business remains with Magnum Ventures; paper operations transfer to Magnum Paperz Limited.

Magnum Ventures sets Sept 25 AGM; book closure from Sept 19

Magnum Ventures holds 46th AGM on September 25, 2026, via video conferencing. Book closure for registers runs from September 19 to September 25, 2026. Agenda includes reappointment of MD Abhay Jain and WTD Shiv Pravesh Chaturvedi. No dividend recommended for FY26; cost auditor fees ratified for FY27.

Magnum Ventures Q1 loss widens to ₹82.8 cr; issues ₹50 cr NCDs

Magnum Ventures reported a Q1FY27 consolidated net loss of ₹82.77 crore, widening from a ₹53.25 crore profit in Q4FY26. Revenue declined 4% QoQ to ₹1,234.06 crore, driven by a 46% drop in hotel segment revenue, partially offset by a 14% rise in paper segment sales. The company issued ₹50 crore in 18% secured NCDs and partially redeemed existing debt. Regulatory proceedings regarding a SEBI penalty remain pending before the SAT.

Veena Jain acquires Magnum Ventures shares via transmission

Mrs. Veena Jain acquired 50,67,750 shares in Magnum Ventures Limited via transmission following the death of Mr. Parmod Kumar Jain. The off-market transaction, dated June 25, 2026, occurred within the Promoter Group. Consequently, Mrs. Veena Jain's holding increased to 7.97% of the total paid-up share capital.

Magnum Ventures receives BSE, NSE observations on demerger scheme

Magnum Ventures received observation letters from BSE and NSE regarding its proposed scheme of arrangement with Magnum Paperz Limited. The exchanges issued 'no adverse observation' subject to compliance with conditions, including disclosing non-compliance with takeover regulations and transferring all liabilities. The validity of the observation letters is six months from July 17, 2026.