Magnum Ventures Limited
Code: MAGNUM | Category: Demerger
Type: Demerger
Event Details
| Announcement Date: | February 27, 2026 |
|---|
Demerger Information
| Resulting Entity: | Magnum Paperz Limited |
|---|---|
| Demerged Business: | Paper Business of manufacturing paper and paper products from wastepaper |
| Remaining Business: | Hotel Business of owning and operating a Five Star Hotel under the brand 'Country Inn & Suites by Radisson' |
| Demerger Ratio: | 2:10 |
| Listing Exchange: | BOTH |
| Appointed Date: | 2026-02-27 |
| Board Approval: | 2026-02-27 |
| Status: | Board_approved |
Rationale
To create a focused and independent business structure for each business vertical.
Document
View PDF https://nsearchives.nseindia.com/corporate/MAGNUM_27022026170401_Intimation.pdfDocument
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