Announced Tue, 21 Jul · 17:19 IST
Promoter Veena Jain receives 7.41% shares via transmission after husband's demise
Ownership Changes View source PDF
MAGNUM · price
▲ 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
+1.8%1-day move
₹18.67
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.8+4.3+8.5+6.3——————
Up moveDown movePending
AI summary
Magnum Ventures promoter Mr. Parmod Kumar Jain has passed away. His 50,67,750 shares (7.41% stake) were transmitted to his wife and nominee Mrs. Veena Jain via off-market transmission dated 25 June 2026. Veena Jain's individual holding rises from 0.56% to 7.97%. The transfer is within the promoter group and aggregate promoter holding stays unchanged at 55.21%, with no change in control of the company.
Likely market impact
Internal promoter family reshuffle due to death; aggregate promoter holding and control unchanged. Neutral for shareholders.