Shareholders to vote on paper business demerger on 20 November 2026

Core business divestedDemerger ratio announcedScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

MAGNUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹18.25

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+1.3% vs market

Paper & Paper Products peers, median of 33sector-1.7%+1.4% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3-1.7+1.3-1.7+1.4

Next day

-3.0-4.2+1.2-5.0+2.0

-8.0-5.2-2.8-5.6-2.4

-4.2-7.4+3.3-7.7+3.5

-1.5-7.0+5.6-6.8+5.3

+0.0-5.5+5.5-5.2+5.2

+1.3-4.8+6.1-5.1+6.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The National Company Law Tribunal has called meetings of Magnum Ventures shareholders and creditors for 20 November 2026 to approve moving the paper business into subsidiary Magnum Paperz. Shareholders will get 2 new Magnum Paperz equity shares for every 10 Magnum Ventures shares. Equity capital will fall 70% and preference capital 90%. Remote voting runs 16 to 19 November; 13 November is the record date. Shareholder and tribunal approval is pending.

Likely market impact

Shareholders' Magnum Ventures holding is set to shrink 70%, offset by Magnum Paperz shares; approval and NCLT sanction are still pending.