Description

Magnum Ventures Limited revised debentures (scrip code 975493) to be partly redeemed with reduced face value of Rs. 26,717.39 per debenture effective November 28, 2025.

Summary

BSE has issued a revised notice regarding the part redemption of debentures of Magnum Ventures Limited (scrip code 975493, ISIN: INE387I07013). This circular revises the earlier notice dated November 26, 2025, and announces that the debentures will be partly redeemed with a reduced face value of Rs. 26,717.39 per debenture. Trading will commence with the new reduced face value effective November 28, 2025.

Key Points

  • Revision to earlier Exchange Notice No. 20251126-61 dated November 26, 2025
  • Debenture: MVL-18%-31-8-27-PVT (scrip code 975493, ISIN: INE387I07013)
  • Part redemption with reduced face value of Rs. 26,717.39 per debenture
  • Record date for payment of interest and redemption: November 29, 2025
  • Trading with reduced face value effective from November 28, 2025
  • Reference: DR-766/2025-2026

Regulatory Changes

No regulatory changes. This is a corporate action notification regarding revised part redemption terms.

Compliance Requirements

  • Trading members must note the revised reduced face value for the debentures
  • All trading from November 28, 2025 onwards must reflect the reduced face value of Rs. 26,717.39 per debenture
  • Trading members should update their systems to reflect the revised face value

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 payment of interest and redemption

Impact Assessment

Market Impact: Medium - This revision affects debenture holders of Magnum Ventures Limited who will receive part redemption at the revised reduced face value. The change in face value will impact the trading price and yield calculations.

Operational Impact: Trading systems need to be updated to reflect the new reduced face value from November 28, 2025. Debenture holders should be aware that their holdings will be partly redeemed with the reduced face value of Rs. 26,717.39 per debenture on the record date of November 29, 2025.

Investor Impact: Debenture holders will see a reduction in their principal amount due to part redemption. The reduced face value indicates partial return of capital to investors.

Impact Justification

Revised part redemption impacts debenture holders of Magnum Ventures Limited with reduced face value; relevant for debt segment participants tracking corporate actions