Magma Fincorp has informed that the Investment Agreement executed by Indium V (Mauritius) Holdings (Indium V) with Magma Fincorp (the Company/ Magma) (Investment Agreement) and assignment of rights thereunder by Indium V to True North Fund V LLP (True North/ Investor) and Letter Agreement dated 13 April 2021 has been terminated and intimated to the Investor vide its letter dated 6 May 2021. As required under regulation 30 of the Listing Regulations, it enclosed the additional details.
The above information is a part of company’s filings submitted to BSE.