Magnum Ventures has informed that the Company has received Observation Letters from BSE and the National Stock Exchange of India Limited in respect of the proposed Scheme of Arrangement amongst Magnum Ventures and Magnum Paperz and their respective shareholders and creditors, under Sections 230 to 232 read with section 66 and other applicable provisions of the Companies Act, 2013. The Observation Letters received from BSE and the National Stock Exchange of India are enclosed.
The above information is a part of company’s filings submitted to BSE.