"NNM Securities offloaded approximately 390,000 shares of Magnum Ventures, with an average selling price of Rs 19.9 each."

Acuit maintains a BB rating for Magnum Ventures, acknowledging the company's operational enhancements, alleviated liquidity concerns, lower interest expenses, and planned demerger by 2028, signaling a stable future outlook.

Magnum Ventures successfully met its commitment by paying the scheduled interest of Rs. 93.9L on its NCDs due by March 31, 2026, on March 27th, maintaining a consistent payment schedule.