
Auditor14 Aug 2026, 05:45 pm
Magnum Ventures Re-appoints Auditors and Directors
AI Summary
Magnum Ventures Ltd has announced the re-appointment of its auditors and directors following board resolutions passed on August 14, 2026. M/s. GMB & Associates have been re-appointed as Internal Auditors for FY 2026-27, and M/s. V K Dube & Co. as Cost Auditors for the same financial year. The company also re-appointed Mr. Abhay Jain as Managing Director for two years from August 10, 2027, Mr. Shiv Pravesh Chaturvedi as Whole-time Director for two years from August 9, 2027, and Ms. Shalini Rahul as Independent Director for a five-year term from August 10, 2027. These re-appointments are subject to member approval in the General Meeting.
Key Highlights
- Auditors GMB & Associates and V K Dube & Co. re-appointed for FY 2026-27.
- Mr. Abhay Jain re-appointed as MD for two years from Aug 10, 2027.
- Mr. Shiv Pravesh Chaturvedi re-appointed as Whole-time Director for two years.
- Ms. Shalini Rahul re-appointed as Independent Director for five years.
- Re-appointments are subject to shareholder approval.
Price Impact
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