BSE, NSE give no objection to Magnum Ventures-Paperz demerger scheme

Demerger Ratio AnnouncedStrategic Transactions View source PDF

MAGNUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.1%1-day move

₹18.65

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Magnum Ventures received no-objection observation letters from BSE and NSE for its scheme of arrangement with Magnum Paperz Limited under Sections 230-232 of the Companies Act. SEBI asked the company to disclose pending legal matters, takeover non-compliance, and 3 years of financials. Valuer Mallika Goel recommended a share entitlement ratio on February 27, 2026. The scheme must be filed with NCLT within 6 months.

Likely market impact

Exchanges cleared the demerger with conditions. Next step is NCLT filing in 6 months, then shareholder and creditor votes.