Magnum Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2025 ,inter alia, to consider and approve Intimation of Board Meeting ....
MAGNUM · price
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Awaiting price reaction for this filing.
Magnum Ventures has called a Board Meeting on Monday, 26 May 2025 at 12:45 PM at Sahibabad, Ghaziabad, under SEBI LODR Regulations 29 and 50. The Board will consider and approve the audited financial results for the quarter and full year ended 31 March 2025. It will also discuss a proposal to raise funds by issuing Non-Convertible Debentures (NCDs) on a private placement basis, subject to regulatory approvals under the Companies Act, 2013. The trading window for designated persons and their immediate relatives is closed until 48 hours after the outcome of the meeting. The intimation has also been hosted on the company's website.
Investors should watch for the Q4 and FY25 audited results, which can move the stock on announcement. The NCD fundraising proposal, if approved, will add debt to the company's capital structure and may affect future interest obligations.