Description

Revision to debenture redemption notice for MVL-18%-31-8-27-PVT with updated reduced face value of Rs. 26,717.39 per debenture effective November 28, 2025.

Summary

BSE has issued a revised notice for the part redemption of debentures of Magnum Ventures Limited. This is a continuation of Exchange Notice No. 20251126-61 dated November 26, 2025. The debentures (scrip code 975493, ISIN INE387I07013) will be partly redeemed at a reduced face value of Rs. 26,717.39 per debenture, effective from November 28, 2025.

Key Points

  • Debenture: MVL-18%-31-8-27-PVT (Magnum Ventures Limited)
  • Scrip Code: 975493
  • ISIN: INE387I07013
  • Revised reduced face value: Rs. 26,717.39 per debenture
  • Record date for interest payment and redemption: November 29, 2025
  • Trading with reduced face value begins: November 28, 2025
  • Notice reference: DR-766/2025-2026

Regulatory Changes

No regulatory framework changes. This is a revision to the previously announced redemption terms for the specific debenture series.

Compliance Requirements

  • Trading members must note the revised reduced face value
  • All trades in this debenture from November 28, 2025 onwards will reflect the reduced face value of Rs. 26,717.39
  • Trading members should update their systems and inform clients accordingly

Important Dates

  • November 26, 2025: Original notice issued (Notice No. 20251126-61)
  • November 27, 2025: Revised notice issued (Notice No. 20251127-28)
  • November 28, 2025: Effective date for trading with reduced face value
  • November 29, 2025: Record date for interest payment and redemption

Impact Assessment

Market Impact: Limited to holders of this specific debenture series. The revision indicates a change in redemption terms from the original announcement made one day prior.

Investor Impact: Debenture holders will receive partial redemption with the reduced face value of Rs. 26,717.39 per debenture. The remaining principal will continue as outstanding debt.

Trading Impact: Trading members must ensure their systems reflect the new reduced face value for accurate pricing and settlement from November 28, 2025.

Impact Justification

Revised redemption details affecting specific debenture holders with material change in reduced face value from previously announced terms