Description

20,00,000 equity shares of Magnum Ventures Limited issued on preferential basis to promoters are listed and permitted to trade with effect from January 8, 2026.

Summary

BSE has announced the listing of 20,00,000 new equity shares of MAGNUM VENTURES LIMITED (Scrip Code: 532896) issued on a preferential basis to promoters. These shares will be listed and permitted to trade on the Exchange with effect from Thursday, January 8, 2026. The shares were allotted at a price of Rs. 30/- per share (face value Rs. 10/- plus premium of Rs. 20/-) and are subject to a lock-in period until July 29, 2026.

Key Points

  • Company: MAGNUM VENTURES LIMITED (Scrip Code: 532896)
  • Number of shares: 20,00,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 30/- per share (including premium of Rs. 20/-)
  • Type of issue: Preferential allotment to Promoters
  • Trading commencement date: January 8, 2026
  • Distinctive numbers: 66411318 to 68411317
  • ISIN: INE387I01016
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed about the listing of new securities
  • All 20,00,000 shares are subject to lock-in restrictions until July 29, 2026
  • Lock-in applies to distinctive numbers 66411318 to 68411317

Important Dates

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

Impact Assessment

This is a routine corporate action with limited market impact. The preferential allotment to promoters increases the company’s equity base by 20,00,000 shares. The lock-in period until July 29, 2026 ensures these shares cannot be traded immediately, preventing any sudden supply impact on the market. The shares rank pari-passu with existing shares, meaning they have equal rights. This listing notification is primarily informational for trading members and does not affect broader market operations or trading rules.

Impact Justification

Routine listing of preferential allotment to promoters with standard lock-in period. Limited market-wide impact as it affects only one company's capital structure.