Magnum Ventures: Promoter Group Shareholding Disclosure Under SEBI Takeover Code

Magnum Ventures Ltd has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to the transmission of shares consequent to the demise of Mr. Parmod Kumar Jain to his wife and nominee, Mrs. Veena Jain. This transmission is within the Promoter Group. The filing details the pre-acquisition holdings of various individuals within the promoter group, including Mrs. Veena Jain, Mr. Pradeep Kumar Jain, and Mr. Abhay Jain, among others, specifying their shareholdings and voting rights.