Outcome of Board Meeting

Magnum Ventures Limited CIN: L21093DL1980PLC010492 Registered Office: Room No. 101, 64/6, Site-IV, Sahibabad Industrial Area, Ghaziabad-201010, Uttar Pradesh, Phone: 0120-4180000 E-mail: info@magnumventures.in Website: www.magnumventures.in Date: 14th August, 2026 Department of Corporate Services Department of Corporate Communications BSE Limited National Stock Exchange India Limited Phiroj JeeJeeboy Tower, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Fort Bandra(E) Mumbai-400001 Mumbai-400 051 Ref: Scrip Code BSE: 532896, 975493, 977878 NSE: MAGNUM Dear Sirs, Sub: Outcome of the Meeting of the Board of Directors held on 14th August, 2026. Pursuant to Regulations 30, 33, 51, 52 and 54 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule, we wish to inform you that the Board of Directors at its meeting held today, i.e., 14th August 2026, at Country Inn & Suites by Radisson, 64/6, Site-IV, Industrial Area, Sahibabad, Ghaziabad, U.P. 201010 inter alia, considered and approved the following: I. Unaudited Standalone and Consolidated Financial Result of the Company for the quarter ended June 30, 2026; We are enclosing herewith the unaudited Standalone and Consolidated financial results of the Company for the quarter ended June 30, 2026 with segment wise report, Profit & Loss, Asset & Liability Statement and Limited Review Reports thereon received from the Statutory Auditors of the Company on the said results, pursuant to Regulations of SEBI (LODR) Regulations, 2015. II. Certificate of Security Cover pursuant to Regulation 54 of the Listing Regulations read with SEBI circular dated 19 May 2022; III. The Board has approved the Notice of the Annual General Meeting. The Notice of the Annual General Meeting will be disclosed separately. The Board Meeting was commenced at 12:00 Noon and concluded at 02:00 PM. The aforesaid intimation is also being hosted on the website of the Company www.magnumventures.in You are requested to kindly take the same on record. Thanking You, Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010 Ph: 0120-4199200 Magnum Ventures Limited CIN: L21093DL1980PLC010492 Registered Office: Room No. 101, 64/6, Site-IV, Sahibabad Industrial Area, Ghaziabad-201010, Uttar Pradesh, Phone: 0120-4180000 E-mail: info@magnumventures.in Website: www.magnumventures.in For MAGNUM VENTURES LIMITED Aaina Gupta Company Secretary cum Compliance Officer Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010 Ph: 0120-4199200 ---- Manish Pandey & Associates Chartered Accountants B-102, First Floor, Sector-6, Noida (U.P.) The Board of Directors Mis MAGNUM VENTURES LIMITED Independent Auditor's Limited Review Report on Quarterly Unaudited Standalone Financial Results of the Company pursuant to the Re2ulation 33 & 52 of the SEBI (Listin2 Qbli2ations and Disclosure Requirements) Re2ulations. 2015. as amended We have reviewed the accompanying Statement of unaudited standalone financial results of Mis MAGNUM VENTURES LIMITED (the 'Company') for the quarter ended June 30, 2026 and year to date results for the period from 1 April 2026 to 30 June 2026 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulation'). This Statement, which is the responsibility of the Company's management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting' ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the Listing Regulations. Our responsibility is to issue a report on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, we observe the following- 1. The Hon'ble Executive Director ('ED) of SEBI has passed an order dated May 31, 2023 (bearing No. QJA/SP /CFID/FID-SEC4/26875/2023-24) in the matter of M/s Magnum Ventures Limited and imposed penalty under section 15HA & 15HB of the SEBI Act, 1992 amounting to Rs. 12,00,000 on the company and collectively a penalty of Rs. 54,00,000 on directors and KMPs of the Company and restrained them from accessing the securities market and further prohibited from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever, for a period of one year from the date of this Order. The provision of Rs. 12,00,000 has been made in the books of accounts. Subsequent to the said order, the Company has appealed before the Hon'ble Securities Appellate Tribunal, Mumbai CHon'ble SAT'), however Hon'ble SAT vide its order dated July 13, 2023 did not provide any interim relief to the company and directed the Company to deposit the penalty amount which shall be subject to the result of the appeal. We observe that the company had duly deposited the penalty amount in compliance to the order of Hon'ble SAT and the matter was Iist~d for August 11, 2026 wherein the matter has further been adjourned to October~\5, 2026. 2. We are unable to comment if the inventory has been physically verified by the management in the said period, since it being a technical matter we are unable to comment upon the adequacy, quantity, pricing and method being used for valuation of the inventory and have relied upon the value and quantity as certified by the management. 3. We are unable to comment if the Property, Plant & Equipment has been physically verified by the management in the said period. Accordingly, we are unable to comment upon the existence and method being used for valuation of the fixed assets. 4. The company had made deposits amounting to Rs. 300.00 lakhs with Bank of Baroda. The company has informed that such payment has been made to cover the expenses to be incurred by Bank of Baroda in order to withdraw the cases filed by them against the company at various forums. 5. Balances of debtors and creditors and advances as at June 30, 2026 are subject to confirmation and reconciliation, consequential effect (if any) on the financial statements remains unascertained. 6. Trade Receivable amounts to Rs. 5753.85 lacs, out of which trade receivables amounting to Rs. 196.44 lacs are outstanding for more than six months, out of which debtors of Rs. 46.04 lacs are under litigation. Our conclusion on statement is not modified in respect of these matter Apart from. that nothing has come .to our attention. that causes us to believe that ~he accompanymg statement, prepared m accordance with applicable accounting standards and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulati?n 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Manish Pandey and Associates Chartered Accountants FRN.019807C Partner MRN.:549996 UDIN: 2...6 S Y. j j 96-rrvL Rj9\ 3ll Place: Ghaziabad Date: 14-08-2026 --- [Showing first 8,000 characters — download PDF for full document]