Magnum Ventures logo

Magnum Ventures MD, chairman, board of directors and AGM

NSE: MAGNUMBSE: 532896Paper, Forest & Jute ProductsSmall Cap

Last close ₹17.40up ₹0.79 (4.76%)BSE ₹17.17

Share price at the NSE close on 23 Oct 2026. Previous close ₹16.61.

52-week range of traded prices to 23 Oct 2026
₹16.15Low, 22 Oct 2026₹28.00High, 5 Dec 2025
Market cap
₹119 Cr2,656th largest listed
P/E
Lossover the last 12 months
P/B
0.2
Dividend yield
Nonein the last 12 months
ROE
−0.2%
ROCE
3.6%
Debt to equity
0.39
Volume, NSE
20,95281.2% delivered

Magnum Ventures board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorPRADEEP KUMAR JAIN
  • ChairpersonPARVEEN JAINRelated to the promoter
  • Managing directorABHAY JAIN

8 directors4 independent3 executive1 non-executive

  • PRADEEP KUMAR JAIN · Managing directorExecutive · joined Jul 1985 · reappointed Feb 2024 · 60 months as independent · 1 listed board
  • PARVEEN JAIN · ChairpersonNon-executive · joined Feb 2006 · 1 listed board · 2 committee seats
  • ABHAY JAIN · Managing directorExecutive · joined Dec 2009 · 60 months as independent · 1 listed board
  • SHIV PRAVESH CHATURVEDIExecutive · joined Apr 2014 · 60 months as independent · 1 listed board
  • JYOTIIndependent · joined Feb 2019 · reappointed Feb 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • AANCHAL JAINIndependent · joined Dec 2021 · reappointed Dec 2022 · 60 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • JYOTI BANSALIndependent · joined Dec 2021 · reappointed Dec 2022 · 60 months as independent · 2 listed boards · 2 as independent · 7 committee seats, 3 as chair
  • Shalini RahulIndependent · joined Aug 2022 · 60 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Aug 20267 of 8 present4 independent · 78 days in between
    • 27 May 20267 of 8 present4 independent

  • Audit Committee

    Chair AANCHAL JAIN

    JYOTI BANSAL, PARVEEN JAIN, Shalini Rahul

    • 14 Aug 20264 of 4 present3 independent · 78 days in between
    • 27 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair JYOTI

    AANCHAL JAIN, JYOTI BANSAL, PARVEEN JAIN

    • 14 Aug 20263 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair JYOTI BANSAL

    JYOTI, PARVEEN JAIN

    No meeting listed in the filing.

  • Allotment Committee

    Chair PRADEEP KUMAR JAIN

    ABHAY JAIN, SHIV PRAVESH CHATURVEDI

    No meeting listed in the filing.

  • Debt Raise Committee

    Chair ABHAY JAIN

    SHIV PRAVESH CHATURVEDI

    • 16 Jun 20262 of 2 present0 independent · 31 days in between
    • 15 May 20262 of 2 present0 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Manish Pandey And AssociatesPeer-review certificate valid to Mar 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Magnum Ventures AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Magnum Ventures share news and announcements

Annual general meeting, 25 Sep 2026

18,110 shareholders on the register on 18 Sep 2026; present: 16 promoters and 156 others; votes counted by Vijay Kumar Sharma / MUNISH K SHARMA & ASSOCIATES LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

  2. To appoint a Director in place of Mr. Shiv Pravesh Chaturvedi (DIN: 06834388) Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.70%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

  3. TO RATIFY THE REMUNERATION OF M/S V K DUBE & CO., COST ACCOUNTANTS, FOR COST AUDIT OF THE COMPANY FOR THE FINANCIAL YEAR 2026-27
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

  4. RE-APPOINTMENT OF MS. SHALINI RAHUL (DIN: 09357650) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.71%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

  5. RE-APPOINTMENT OF MR. ABHAY JAIN (DIN: 01876385) AS MANAGING DIRECTOR OF THE COMPANY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.71%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

  6. RE-APPOINTMENT OF MR. SHIV PRAVESH CHATURVEDI (DIN: 06834388) AS WHOLE-TIME DIRECTOR OF THE COMPANY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.71%

    Turnout: all 56.34% · promoters 99.93% · institutions 0.00% · other public 2.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 14 Oct 2025, 1 resolution

18,593 shareholders on the register on 7 Oct 2025; present: 7 promoters and 81 others; votes counted by Hardik Darji / HD and Associates.The company's voting result (opens in a new tab)

  1. 1. To Offer, Issue and Allot 20,00,000 Equity Shares on Preferential Basis
    Special
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 98.32%

    Turnout: all 57.30% · promoters 99.93% · institutions 0.00% · other public 1.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 5 resolutions

18,620 shareholders on the register on 19 Sep 2025; present: 20 promoters and 146 others; votes counted by Vijay Kumar Sharma / MUNISH K SHARMA & ASSOCIATES LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Auditors and Board of Directors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.39% · promoters 99.93% · institutions 0.00% · other public 1.31%

  2. To appoint a Director in place of Mr. Parveen Jain (DIN: 00423833) Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 57.39% · promoters 99.93% · institutions 0.00% · other public 1.31%

  3. TO RATIFY THE REMUNERATION OF M/S V K DUBE & CO., COST ACCOUNTANTS, FOR COST AUDIT OF THE COMPANY FOR THE FINANCIAL YEAR 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.39% · promoters 99.93% · institutions 0.00% · other public 1.31%

  4. TO APPOINT M/S. MUNISH K SHARMA & ASSOCIATES LLP, COMPANY SECRETARIES, AS SECRETARIAL AUDITORS OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.39% · promoters 99.93% · institutions 0.00% · other public 1.31%

  5. SHIFTING OF REGISTERED OFFICE OF THE COMPANY FROM THE NCT OF DELHI TO THE STATE OF UTTAR PRADESH
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.39% · promoters 99.93% · institutions 0.00% · other public 1.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 20 Jun 2025, 3 resolutions

18,739 shareholders on the register on 13 Jun 2025; present: 16 promoters and 102 others; votes counted by Hardik Darji / HD and Associates.The company's voting result (opens in a new tab)

  1. Approval for Enhancement of Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.38% · other public 0.00%

    Turnout: all 56.84% · promoters 99.93% · institutions 0.02% · other public 0.00%

  2. Approval for Enhancement power to Board under Section 180(1)(a) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.38% · other public 0.00%

    Turnout: all 56.84% · promoters 99.93% · institutions 0.02% · other public 0.00%

  3. Issuance of up to 40,000 (Forty Thousand), Listed, Rated, Redeemable, Secured, Non-Convertible Debentures of face value of [INR 1,00,000 (Indian Rupees One Lakh)] each, issued at par, in one or more tranches, aggregating up to INR 4,00,00,00,000/- (Indian Rupees Four Hundred Crore only) (“Listed Debentures”)MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.38% · other public 0.00%

    Turnout: all 56.84% · promoters 99.93% · institutions 0.02% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 9 Dec 2024, 1 resolution

Present: 20 promoters and 156 others.The company's voting result (opens in a new tab)

  1. To approve raising of funds by way of issuance of listed rated secured redeemable Non-Convertible Debentures (NCD’s) aggregating to INR 30 Crores (Rupees Thirty Crores Only) on private placement basis and to delegate the powers to the board of directors of the Company in this regard.MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.63%

    Turnout: all 56.24% · promoters 98.87% · institutions 0.00% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2024, 4 resolutions

Present: 24 promoters and 174 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statementsnof the Company for the financial year ended March 31, 2024, together with the Reportsnof the Auditors and Board of Directors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 45.08% · promoters 78.95% · institutions 0.00% · other public 0.42%

  2. To appoint a director in place ofnMr. Shiv Pravesh Chaturvedi (DIN: 06834388) Director of the Company, who retiresnby rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 45.08% · promoters 78.95% · institutions 0.00% · other public 0.42%

  3. To appoint M/s. Manish Pandey and Associates, CharterednAccountants (Firm Registration Number: 019807C) as Statutory Auditors of thenCompany, who shall hold office from the conclusion of 44th Annual General Meetingnuntil the conclusion of 49th Annual General Meeting and authorize Board of Directors'nfix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 45.08% · promoters 78.95% · institutions 0.00% · other public 0.42%

  4. To ratify the remuneration of M/s. V K Dube & Co., CostnAccountants, for cost audit of the company for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 45.08% · promoters 78.95% · institutions 0.00% · other public 0.42%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 20 May 2024, 2 resolutions

Present: 22 promoters and 130 others.The company's voting result (opens in a new tab)

  1. Issue of 75,00,000 warrants convertible into equity shares on preferential basis to the Non-Promoters of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.41%

    Turnout: all 50.76% · promoters 98.59% · institutions 0.00% · other public 0.26%

  2. Increase in authorised share capital of the Company and consequential amendment in Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 50.76% · promoters 98.59% · institutions 0.00% · other public 0.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 5 Feb 2024, 1 resolution

Present: 16 promoters and 170 others.The company's voting result (opens in a new tab)

  1. TO ALTER THE ARTICLES OF ASSOCIATION OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 60.03% · promoters 98.59% · institutions 0.00% · other public 0.47%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJun 2026–Working Capital––No
Preferential IssuesJun 2026–Transaction expenses––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.