Description

Revision to debenture redemption notice for Magnum Ventures Limited with 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 issued by Magnum Ventures Limited (Scrip Code: 975493, ISIN: INE387I07013). This revision updates the earlier notice dated November 26, 2025, and specifies a reduced face value of Rs. 26,717.39 per debenture for the MVL-18%-31-8-27-PVT series. The revised face value will be effective for trading from November 28, 2025.

Key Points

  • Revised notice in continuation to Exchange Notice No. 20251126-61 dated November 26, 2025
  • Debentures to be partly redeemed with reduced face value
  • Scrip Code: 975493
  • ISIN: INE387I07013
  • Debenture Series: MVL-18%-31-8-27-PVT
  • New reduced face value: 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 new regulatory changes introduced. This is a revision to previously announced corporate action terms for debenture redemption.

Compliance Requirements

  • Trading members must note the revised face value for the debentures
  • Debentures of Magnum Ventures Limited will be traded with the reduced face value of Rs. 26,717.39 per debenture from November 28, 2025
  • Trading members are required to update their systems and records accordingly

Important Dates

  • November 26, 2025: Original notice issued (Exchange Notice No. 20251126-61)
  • November 27, 2025: Revised notice issued
  • 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 - The significant reduction in face value from the original terms affects debenture holders and trading dynamics. The reduced face value of Rs. 26,717.39 indicates a partial redemption structure that will impact the outstanding principal amount.

Operational Impact: Trading members need to update their systems to reflect the new face value before the effective date of November 28, 2025. Debenture holders will receive partial redemption based on the revised face value calculation.

Investor Impact: Debenture holders eligible as per the record date of November 29, 2025 will receive part redemption with the specified reduced face value, affecting their investment value and returns calculations.

Impact Justification

Revised notice affecting debenture holders with significant face value reduction from original terms, impacts trading from November 28, 2025