Magnum Ventures Limited has published a public notice in newspapers regarding its proposal to relocate the company's registered office from Delhi to Uttar Pradesh. The notice represents a significant corporate development as the company seeks regulatory approval for this interstate office relocation.

Regulatory Compliance and Publication Details

The company published the newspaper advertisement on 21st March, 2026, in compliance with Form No. INC-26 requirements under Rule 30 of the Companies (Incorporation) Rules, 2014. The notice appeared in two newspapers to ensure wide circulation:

Proposed Office Relocation Details

Magnum Ventures Limited is seeking Central Government approval through the Regional Director, Northern Region, Ministry of Corporate Affairs, New Delhi, to alter clause (i) of its Memorandum of Association. This alteration would enable the company to change its registered office location from the National Capital Territory of Delhi to the State of Uttar Pradesh.

Corporate Authorization and Resolution

The proposed relocation is based on a special resolution that was passed during the company's Annual General Meeting held on 26th September 2025. This resolution provides the necessary corporate authorization for the management to proceed with the application to the Central Government for the registered office change.

Public Objection Process

The regulatory framework provides a mechanism for stakeholders to raise concerns about the proposed change. Any person whose interests may be affected by the relocation can file objections through specific channels:

• Online Filing: Through MCA-21 portal ( www.mca.gov.in ) using Investor Complaint Form
• Physical Submission: By registered post with supporting affidavit
• Timeline: Within 14 days from publication date
• Authority: Regional Director, Northern Region, Ministry of Corporate Affairs
• Address: B-2 Wing, 2nd Floor, Plot No. 19, Ansari Road, Darya Ganj, New Delhi-110002

Company Information and Contact Details

Magnum Ventures Limited operates under CIN: L21093DL1980PLC010492 and maintains its current registered office at Room No. 118, First Floor, MGM Commercial Complex, 4634/1, Plot No. 19, Ansari Road, Darya Ganj, New Delhi-110002. The company can be contacted via email at info@magnumventures.in and through their website www.magnumventures.in .

The notice was signed by Aaina Gupta, Company Secretary cum Compliance Officer, indicating proper corporate governance procedures were followed in the publication process. This interstate office relocation, if approved, would mark a significant operational change for the company as it transitions its registered office from Delhi to Uttar Pradesh.

Magnum Ventures Limited's Board of Directors has approved a comprehensive Scheme of Arrangement for the demerger of its Paper Business into a separate entity, Magnum Paperz Limited. The board meeting held on 27th February, 2026, marked a significant step toward creating focused business structures for the company's distinct operational verticals.

Demerger Structure and Business Separation

The proposed scheme involves the demerger of Magnum Ventures' Paper Business, which encompasses manufacturing paper and paper products from wastepaper through facilities located at Sahibabad, District Ghaziabad, Uttar Pradesh. This business segment, referred to as the "Demerged Undertaking," will be transferred to Magnum Paperz Limited as a going concern.

The demerger will effectively separate two inherently different business verticals - the paper manufacturing operations and the hotel business, which operates a Five Star Hotel under the "Country Inn & Suites by Radisson" brand.

Share Exchange Mechanism

The scheme establishes specific exchange ratios for both equity and preference shareholders:

Following the share issuance, Magnum Ventures will reduce its share capital proportionately - 70% reduction for equity shares and 90% reduction for preference shares.

Shareholding Pattern Changes

The demerger will result in significant changes to the shareholding structure of both entities:

Magnum Ventures Limited (Post-Scheme):

Magnum Paperz Limited (Post-Scheme):

Strategic Rationale and Benefits

The management has outlined several strategic advantages for the demerger:

• Focused Business Strategy: Creating independent business structures for each vertical to enable specialized management focus
• Operational Flexibility: Providing autonomy to pursue different strategic alliances and partnerships appropriate to each business
• Optimized Capital Structure: Enabling both entities to adopt capital structures aligned with their respective operational requirements
• Enhanced Resource Mobilization: Facilitating independent fundraising and strategic investor attraction based on individual business needs
• Risk Management: Allowing independent growth without exposing the entire organization to risks from other business segments

Regulatory Approvals and Listing

The scheme requires comprehensive regulatory approvals including consent from BSE Limited, National Stock Exchange of India Limited, SEBI, shareholders, creditors, and final sanction from the National Company Law Tribunal (NCLT). The company will apply for no-objection letters from stock exchanges under Regulation 37 and 59A of SEBI LODR Regulations.

Magnum Paperz Limited's equity shares will be listed on both BSE and NSE following the demerger completion, ensuring continuity of trading and liquidity for shareholders.

Impact on Existing Securities

The demerger will also affect the company's outstanding Non-Convertible Debentures (NCDs) listed on BSE and NSE. These NCDs, forming part of the Demerged Undertaking, will be transferred to Magnum Paperz Limited on the same terms and conditions, including coupon rate, tenure, redemption price, and security arrangements. The resulting company will obtain requisite listing approvals to ensure uninterrupted trading of these securities.

The scheme ensures equal treatment for all shareholder categories, with no special benefits accruing to promoters or promoter group companies. All treatments and exchange ratios are applied on a proportionate basis across promoter and public shareholders.