Magnum Ventures Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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The promoters of Magnum Ventures Limited, including persons acting in concert, have submitted a yearly declaration to BSE and NSE as required under SEBI's takeover regulations. They confirm holding 3,77,67,554 equity shares of the company as on March 31, 2026, the end of the financial year. The promoters have stated that they did not create any new encumbrance (such as pledge or charge) on these shares during the financial year, beyond what was already disclosed earlier. The filing was signed by Parveen Jain on behalf of all promoters and PAC.
This is a routine annual compliance filing with no material impact on the stock. Shareholders can take comfort that promoters have not pledged or encumbered any additional shares during the year, suggesting no new financial stress or funding activity against their holdings.