Description
20,00,000 equity shares of MAGNUM VENTURES LIMITED listed on BSE with effect from January 8, 2026, issued on preferential basis to promoters at Rs. 30/- per share.
Summary
BSE has approved the listing of 20,00,000 new equity shares of MAGNUM VENTURES LIMITED (Scrip Code: 532896) issued on a preferential basis to promoters. The shares will be available for trading from Thursday, January 8, 2026, and are subject to lock-in until July 29, 2026.
Key Points
- 20,00,000 equity shares of face value Rs. 10/- each issued at a premium of Rs. 20/-
- Issue price: Rs. 30/- per share
- Allotment date: November 11, 2025
- Trading commencement: January 8, 2026
- Shares issued to promoters on preferential basis
- New shares rank pari-passu with existing equity shares
- ISIN: INE387I01016
- Distinctive Numbers: 66411318 to 68411317
Regulatory Changes
No regulatory changes. This is a standard listing notification for preferential allotment.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 20,00,000 shares are subject to mandatory lock-in restrictions
- Shares cannot be transferred or traded until the lock-in period expires
Important Dates
- Allotment Date: November 11, 2025
- Trading Commencement: January 8, 2026
- Lock-in Expiry: July 29, 2026
Impact Assessment
Market Impact: Low - The preferential allotment increases the total share capital but has minimal immediate market impact as all shares are locked-in for approximately 7 months from the trading commencement date.
Shareholder Impact: The preferential issue to promoters strengthens promoter holding. Existing shareholders should note the increase in share capital, though dilution impact depends on the company’s existing capital structure.
Liquidity Impact: Negligible immediate impact on float as shares remain locked-in until July 2026.
Impact Justification
Routine listing of preferential allotment to promoters with standard lock-in period. Limited market impact as shares are locked-in until July 2026.