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Magnum Paperz

AnnouncedIN
What it does

Makes paper and paperboard at a mill in Sahibabad, Ghaziabad, near Delhi.

PaperMaterials

Magnum Ventures' paper business (Sahibabad, Ghaziabad unit), with FY25 turnover of Rs 296.6 crore (75% of the total); the hotel business stays with the parent.

Status
Announced
Expected
Awaiting NCLT approval
Parent
Magnum Ventures (MAGNUM IN)
Spin-off ticker
To be announced
Listing
NSE and BSE
Market
India
Sector
Materials

Terms

2 Magnum Paperz shares for every 10 Magnum Ventures equity shares (9 for 10 preference shares); BSE/NSE no-adverse-observation letters 17 Jul 2026; NCLT Allahabad allowed first motion, shareholder and creditor meetings 20 Nov 2026; listing subject to SEBI relaxation.

Key dates

  1. Board approval
  2. BSE/NSE observation letters
  3. NCLT sanction

Source documents

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