Magnum Ventures Reports Quarterly Results; Details of NCD Issuance and Scheme of Arrangement Provided

Magnum Ventures Reports Quarterly Results; Details of NCD Issuance and Scheme of Arrangement Provided​

Magnum Ventures Limited has announced the unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The Board of Directors approved the results during a meeting held on August 14, 2026, alongside approving the Notice of the Annual General Meeting (AGM).

The company also provided information regarding the status of its financial commitments and ongoing strategic initiatives.

Financial Results Summary​

The unaudited Standalone and Consolidated results reflect the performance of the Group for the quarter ended June 30, 2026. The financial data is available in the accompanying statements.

Key financial indicators from the respective quarters are summarized below:

Table 1: Quarterly Performance Comparison (All figures in Lacs)

Strategic Updates and Corporate Transactions​

Magnum Ventures Limited reported several significant corporate actions during the period:

• Debt Issuance: The company issued and allotted 18% Listed Secured Non-convertible Debentures (NCOs) totaling INR 50 crores on June 16, 2026. These debentures were issued to NEO Special Credit Opportunities Fund.
• Redemption: On June 30, 2026, the company partially redeemed non-convertible debentures amounting to Rs. 1,63,43,698/- as per the terms attached to such NCDs.
• Regulatory Filings: The company has received Observation Letters from both BSE Limited and the National Stock Exchange of India Limited in connection with a proposed Scheme of Arrangement involving Magnum Ventures Limited and Magnum Paperz Limited and their respective shareholders and creditors. The company is currently in the process of filing the necessary application with the Hon'ble National Company Law Tribunal regarding this scheme.

Financial Health Indicators​

The results provided by the management include comprehensive statements on standalone assets, liabilities, and segment-wise performance, as well as consolidated financial results and corresponding ratio analysis.

A review of the Standalone Assets and Liabilities statement as on June 30, 2026 shows total assets at 126,008.94 Lacs, with current assets totaling 25,589.63 Lacs. The equity share capital stood at 6,841.13 Lacs.

The company's financial metrics include:

• Current Ratio: 2.45 (June '26)
• Debt-Equity Ratio: 0.40 (June '26)
• Net Profit Margin: -6.71% (June '26)

The management also issued a Statement of utilization of issue proceeds, reporting that Rs. 29,35,77,950/- was utilized against the raised amount of Rs. 50,00,00,000/-, with no deviation noted.

Certification and Assurance​

The results were reviewed by Manish Pandey & Associates Chartered Accountants. An independent certificate issued by the firm confirmed that the security cover for secured listed non-convertible debt securities, as detailed in the accompanying statement, was adequate in accordance with the terms of the respective debenture trust deeds as of June 30, 2026.

MAGNUM Stock Price Movement​

As of 3:22 PM, shares of Magnum Ventures Limited are shedding 0.62% in live trading, currently priced at ₹19.38 as the market continues to trade. The stock has seen a total traded volume of 32,413 shares so far into the session.