Capex / expansionNotableFiled on BSE ·

Magnum Ventures Limited secures ₹60 crore term loan from Tata Capital Limited

Magnum Ventures

Arthneeti Research DeskPublished 1 min read
₹60 CrCapex / expansion

Key highlights

  • Loan sanctioned on 29th August 2026 with a tenure of 135 months and floating interest rate of 12% p.a. (LTPLR + 3.25%)
  • Loan purpose: repay unsecured loans up to ₹20 crore, capex ₹25 crore for hotel upgradation, repay TFCI loan ₹10 crore, ₹5 crore for general corporate use
  • Security includes pari passu hypothecation on hotel division movable assets, current assets, mortgage on industrial area property, NDU on promoter shares, and personal guarantees by four directors

Why it's rated notable: the amount is 49% of market value (20% to 50%)

Original filing

Disclosure Under Regulations 30 And 51

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.