Description

20,00,000 equity shares of MAGNUM VENTURES LIMITED issued at Rs. 30/- on preferential basis to promoters listed on BSE effective January 8, 2026.

Summary

BSE has approved the listing of 20,00,000 new equity shares of MAGNUM VENTURES LIMITED (Scrip Code: 532896) issued on preferential basis to promoters. The shares will be available for trading from Thursday, January 8, 2026. These shares were issued at Rs. 30/- per share (face value Rs. 10/- with premium of Rs. 20/-) and are subject to lock-in until July 29, 2026.

Key Points

  • Company: MAGNUM VENTURES LIMITED (Scrip Code: 532896)
  • Number of Shares: 20,00,000 equity shares
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 30/- per share (including premium of Rs. 20/-)
  • Nature of Issue: Preferential allotment to Promoters
  • ISIN: INE387I01016
  • Distinguished Numbers: 66411318 to 68411317
  • Date of Allotment: November 11, 2025
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for newly issued securities.

Compliance Requirements

  • Trading members are informed that these securities are available for trading
  • All 20,00,000 shares are subject to lock-in provisions
  • The shares rank pari-passu with existing equity shares for all purposes including dividends and voting rights

Important Dates

  • Allotment Date: November 11, 2025
  • Trading Commencement: January 8, 2026
  • Lock-in Expiry: July 29, 2026
  • Notice Date: January 7, 2026

Impact Assessment

Market Impact: Minimal. This is a preferential allotment to promoters representing additional equity capital for the company. The lock-in period until July 29, 2026 means these shares cannot be traded freely for approximately 7 months, limiting immediate supply increase. The shares being issued at premium (Rs. 30 vs face value Rs. 10) indicates positive valuation. Total impact on trading members is informational only, requiring awareness of the expanded share capital and lock-in restrictions.

Impact Justification

Routine listing of preferential allotment to promoters with standard lock-in period; limited market impact for trading members