AGM Details

  • Meeting Date: Friday, 25th September, 2026
  • Time: 02:00 P.M. (IST)
  • Mode: Video Conferencing (VC)
  • Deemed Venue: Registered Office of the Company
  • Notice Availability: Uploaded on company website (www.magnumventures.in) and stock exchange websites

E-Voting Details

  • Remote E-Voting Period: Commences Tuesday, 22nd September, 2026 at 09:00 AM and ends Thursday, 24th September, 2026 at 05:00 PM
  • Service Provider: National Securities Depository Limited (NSDL)
  • Cut-off Date: Friday, 18th September, 2026 (for determining voting rights)
  • Voting Rights: Proportional to shares held of paid-up equity share capital as on cut-off date

Book Closure

The Registers of Members and Share Transfer Books will remain closed from Saturday, 19th September, 2026 to Friday, 25th September, 2026 (both days inclusive).

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. To appoint a director in place of Mr. Shiv Pravesh Chaturvedi (DIN: 06834388) who retires by rotation and offers himself for re-appointment.

Special Business

3. Ratification of Cost Auditor Remuneration: Ordinary Resolution to ratify payment of ₹1,35,000/- (Rupees One Lac Thirty Five Thousand Only) plus GST to M/s V.K. Dube & Co., Cost Auditors (FRN: 000343) for Cost Audit for financial year 2026-27.

4. Re-appointment of Independent Director: Special Resolution to re-appoint Ms. Shalini Rahul (DIN: 09357650) as Independent Non-Executive Director for a second term of 5 consecutive years from 10th August, 2027 to 9th August, 2032.

5. Re-appointment of Managing Director: Special Resolution to re-appoint Mr. Abhay Jain (DIN: 01876385) as Managing Director for 2 years from 10th August, 2027, with the following terms:

  • Remuneration: ₹1,50,000/- (Rupees One Lakh Fifty Thousand Only) per month including allowances and perquisites
  • Remuneration Cap: Not exceeding 5% of net profits of the Company individually, with overall executive director remuneration not exceeding 10% of net profits
  • Inadequate Profits: Remuneration payable as per Schedule V of Companies Act, 2013 if no profits or inadequate profits
  • Board Authority: Board authorized to revise/enhance remuneration within statutory limits

6. Re-appointment of Whole-Time Director: Special Resolution to re-appoint Mr. Shiv Pravesh Chaturvedi (DIN: 06834388) as Whole-Time Director for 2 years from 10th August, 2027, with the following terms:

  • Remuneration: ₹1,25,000/- (Rupees One Lakh Twenty Five Thousand Only) per month including allowances and perquisites
  • Remuneration Cap: Not exceeding 5% of net profits of the Company individually, with overall executive director remuneration not exceeding 10% of net profits
  • Inadequate Profits: Remuneration payable as per Schedule V of Companies Act, 2013 if no profits or inadequate profits
  • Board Authority: Board authorized to revise/enhance remuneration within statutory limits

Director Details

Mr. Shiv Pravesh Chaturvedi (DIN: 06834388)

  • Designation: Whole-time Director (seeking re-appointment)
  • Age: 51 Years
  • Education: MBA
  • Experience: 28 years approx.
  • Expertise: Personnel Management
  • Date of First Appointment: 01.04.2014
  • Current Remuneration: Up to ₹1,25,000 p.m.
  • Board Meetings Attended (2025-26): 6 out of 6
  • Shareholding: Nil
  • Other Directorships: Magnum Ventures Limited only

Ms. Shalini Rahul (DIN: 09357650)

  • Designation: Independent Director (seeking re-appointment)
  • Age: 53 Years
  • Education: MBA and FPM (PhD)
  • Experience: 22 years approx.
  • Expertise: Strategic Analysis, Entrepreneurship and Innovation
  • Date of First Appointment: 10.08.2022
  • Remuneration: Sitting Fee of ₹8,000 per meeting plus ₹3,500 travelling charge per day
  • Board Meetings Attended (2025-26): 4 out of 6
  • Shareholding: Nil
  • Other Directorships: Cranex Limited (until 31/08/2024), Intec Capital Limited

Mr. Abhay Jain (DIN: 01876385)

  • Designation: Managing Director (seeking re-appointment)
  • Age: 52 Years
  • Education: B.A. Arts
  • Experience: 31 years
  • Expertise: Marketing and business development
  • Date of First Appointment: 10.12.2009
  • Current Remuneration: Up to ₹1,15,000 p.m. (proposed ₹1,50,000 p.m.)
  • Board Meetings Attended (2025-26): 5 out of 6
  • Shareholding: 8.44% in Magnum Ventures Limited
  • Other Directorships: Magnum Ventures Limited, Magnum Paperz Limited
  • Relationships: Nephew of Mr. Parveen Jain and Mr. Pradeep Kumar Jain

Dividend Information

No dividend has been recommended by the Board of Directors for the year ended March 31, 2026.

Shareholding Compliance Notes

  • All share transfers must be in dematerialized form effective April 1, 2021
  • Physical shareholders must provide PAN, KYC, and nomination details to RTA
  • No dividend will be paid to physical shareholders without updated PAN, mobile, email, complete address and signature after April 1, 2024
  • Members encouraged to dematerialize physical holdings

Scrutinizer Appointment

The Board has appointed M/s Munish K Sharma & Associates LLP, Company Secretaries, as Scrutinizer to scrutinize the voting process.

Document Availability

All relevant documents are available for inspection at the Registered Office during normal business hours on working days until the meeting date.

#Tags: #MagnumVentures #AGM #SEBIDisclosure #CorporateGovernance #Neutral