Magnum Ventures Limited has informed the Exchange about General Updates
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Magnum Ventures Limited has informed the exchanges that Mr. Nihar Ranjan Sarkar, Vice President (Technical) of the Paper Unit and part of senior management, has resigned effective August 20, 2025. The reason cited in his resignation letter is personal commitments. The disclosure is being made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. No successor or replacement has been announced in this filing.
This is a routine senior management exit and is unlikely to have a material impact on the stock price. Investors may want to monitor whether the Paper Unit's operations or strategy are affected, but no immediate financial or operational disruption has been indicated.