Magnum Ventures LimitedMAGNUMNSE
Allotment of 1500 Non-Convertible Debentures pursuant to Preferential Issue at its meeting held on March 18…
As filed · Magnum Ventures Limited has informed the Exchange regarding allotment of 1500 Non-Convertible Debentures pursuant to Preferential Issue at its meeting held on March 18, 2025
CapitalWatchNotablemateriality 71 out of 100
What happened
FactMagnum Ventures Limited has informed the Exchange regarding allotment of 1500 Non-Convertible Debentures pursuant to Preferential Issue at its meeting held on March 18, 2025. Redeemable Non-Convertible Debentures (NCD’s) aggregating upto INR 30 Crores (Rupees. face value of Rs. 1,00,000 (Rupees One Lakh each), aggregating to Rs. 15,00,00,000 (Rupees.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
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Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
Evidence
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%