NCLT-convened meetings on Nov 20 for Magnum Ventures demerger scheme - newspaper ad
MAGNUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Magnum Ventures has published newspaper ads in Business Standard (English and Hindi) on Oct 16, 2026 about NCLT Allahabad-ordered separate meetings of equity shareholders, secured NCD holders, secured creditors and unsecured creditors on Nov 20, 2026 via video conferencing. The meetings will consider and approve the Scheme of Arrangement between Magnum Ventures (Demerged Company) and Magnum Paperz Limited (Resulting Company). Remote e-voting runs Nov 16 (9 AM) to Nov 19 (5 PM). Scheme still needs final NCLT approval after the meetings.
Shareholders should note Nov 20 meeting and Nov 16 to Nov 19 e-voting window to vote on demerger. Outcome could reshape company structure.