Magnum Ventures has raised Rs 150 crore through allotment of 15,000 Listed, Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs), at the face value of Rs 1 lakh each on a private placement basis. The maturity of the said NCDs will be on August 31, 2027. The Debt Raise Committee of the Company has at its meeting held on March 11, 2024, allotted the same.
Magnum Ventures is engaged in the business of trading and manufacturing of papers for more than 25 years and is also having sound financial resources for meeting large commitments.
