Magnum Ventures Limited will convene meetings of its equity shareholders, secured non-convertible debenture holders, and creditors on November 20, 2026, to consider and approve the proposed Scheme of Arrangement with Magnum Paperz Limited. These meetings are being held under the supervision of the National Company Law Tribunal (NCLT), Allahabad Bench.

The NCLT directed the convening of these meetings via an order dated September 22, 2026. The purpose is to seek approval for the amalgamation scheme involving Magnum Ventures as the demerged company and Magnum Paperz as the merged entity. All proceedings will be conducted through Video Conferencing (VC).

Meeting schedule and voting details

The meetings are scheduled for Friday, November 20, 2026, with distinct time slots for each stakeholder group. Remote e-voting facilities have been arranged by NSDL for members and creditors who cannot attend virtually.

The remote e-voting window opens on Monday, November 16, 2026, at 9:00 am and closes on Thursday, November 19, 2026, at 5:00 pm. Shareholders whose names appear in the Register of Beneficial Owners as on the cut-off date, November 13, 2026, are eligible to vote.

Regulatory framework and notice availability

This intimation is made pursuant to Regulation 30 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notices, along with explanatory statements under Sections 230 and 232 of the Companies Act, 2013, are available on the company’s website.

The scheme requires approval from multiple classes of stakeholders, reflecting the complex nature of corporate restructuring involving both equity and debt instruments. By setting a specific cut-off date nearly a week before the meeting, the company ensures that voting rights are clearly defined based on depository records, minimizing disputes over eligibility during the e-voting process.

Magnum Ventures Limited passed all six resolutions proposed at its 46th Annual General Meeting (AGM) held on September 25, 2026. The final voting results, disclosed pursuant to SEBI (LODR) Regulations, 2015, confirm the adoption of FY26 financial statements and the re-appointment of key directors.

The meeting was conducted via Video Conferencing at 2:00 pm, presided over by Chairman Parveen Jain. The proceedings complied with the Companies Act, 2013, and SEBI regulations. Ms. Aaina Gupta, Company Secretary, welcomed members, while M/s Munish K Sharma & Associates LLP served as the scrutiniser for the e-voting process.

Voting results and shareholder participation

A total of 86 shareholders attended the meeting through video conferencing, comprising 8 from the promoter group and 78 public shareholders. The record date for entitlement to vote was September 18, 2026. The remote e-voting window operated from September 22, 2026, to September 24, 2026.

All six resolutions were passed with significant majority support. The promoters and promoter group voted in favor of all resolutions, accounting for the vast majority of votes polled. Public non-institutional shareholders showed minor dissent on director re-appointments but supported the financial adoption strongly.

Key agenda items addressed

The Company Secretary placed several items of business before the shareholders for approval. These included the adoption of audited financial reports and various directorial appointments:

• Adoption of Audited Standalone and Consolidated Financial Statements for FY26.
• Re-appointment of Mr. Shiv Pravesh Chaturvedi as a Director retiring by rotation.
• Ratification of remuneration for M/s V K Dube & Co., cost accountants, for the cost audit for FY27.
• Re-appointment of Ms. Shalini Rahul as an Independent Director.
• Re-appointment of Mr. Abhay Jain as Managing Director.
• Re-appointment of Mr. Shiv Pravesh Chaturvedi as Whole-time Director.

Scrutiniser's report details

The scrutiniser, CS Vijay Kumar Sharma of Munish K Sharma & Associates LLP, submitted the report on September 25, 2026. The report confirmed that votes were unblocked in the presence of witnesses Mr. Aditya Jain and Mr. Prashant Rai. No invalid votes were recorded across any of the six resolutions.

The management addressed shareholder queries during the live session, satisfying those registered in advance. The meeting concluded with a vote of thanks from the Company Secretary at 2:35 pm.