Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, Magnum Ventures has informed that the company has received In-principal approval vide Letter No. LOD/PREF/AB/FIP/807/2023-24 dated 27th October, 2023 from BSE and vide Letter No. NSE/LIST/37174 dated 27th October, 2023 from National Stock Exchange of India for issuance of 1,23,25,000 warrants convertible into equity shares of Rs 10 each to be issued at a price not less than Rs 40.10 to Promoters/Promoter Group/ Non-Promoters on a preferential basis in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.