Magnum Ventures Limited CIN: L21093DL1980PLC010492

(An ISO 14001-2004 Certified Company) Corporate Office: 18/31, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P)

Address for Correspondence: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad-201010

Regd. Office: Off No. 205, 2nd Floor, Building No. 4326 Street No. 3, Ansari Road, Darya Ganj, Delhi - 110002

Office & Works: 18/41, Site-IV, Industrial Area, Sahibabad, Ghaziabad-201010 Phone: +91-120-4199200 Fax: +91-120-4199234

E-mail: magnumventures@gmail.com Website: www.magnumventures.in

Date: 30th July, 2020

Department of Corporate Services Bombay Stock Exchange Limited Phiroj JeeJeeboy Tower, Dalal Street, Fort Mumbai-400001

Department of Corporate Communications National Stock Exchange India Limited Exchange Plaza, Bandra-Kurla Complex Bandra(E) Mumbai-400 051

Ref: Scrip Code BSE: 532896 NSE: MAGNUM

Dear Sirs,

Sub: Outcome of the Meeting of the Board of Directors held on 30th July, 2020

Dear Sirs,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015, We wish to inform you that the Board of Directors at its meeting held today at 18/31, Site-IV,

Industrial Area, Sahibabad, Ghaziabad, U.P. 201010 inter alia, considered and approved the Audited

Financial Result of the Company for the quarter and year ended March 31, 2020.

We are sending herewith the Audited Financial Results of the Company for the quarter & year ended

March 31, 2020 with segment wise report, Asset & Liability Statement, Cash Flow Statement and Audit

Report thereon and declaration of Chief Financial Officer of the Company with respect to audit report

with unmodified opinion on said Financial Results, pursuant to Regulation 33(3)(d) of SEBI (LODR)

Regulations, 2015, as amended.

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as

amended), we would like to confirm that M/s Aggarwal & Rampal, Chartered Accountants (FRN-

003072N), Statutory Auditors of the Company, have issued Audit Report with unmodified opinion on the

Financial Statements.

The Board Meeting was commenced at 04:00 p.m. and concluded at 08:35 p.m.

You are requested to kindly take the same on record.

Thanking You,

AGGARWAL &. RAMPALCHARTERED ACCOUNTANTS

2nd Floor, 19, Local Shopping Complex,Madanglr, New Delhl-110062, INDIA

Ph. : +91-11- 40512886/87/88Fax: +91-11- 41636506'

E-mail: vinay@aggarwalrampal.co~www.aggarwalrampal.com

Independent Auditor's Report on Quarterly and Year to Date Audited StandaloneFinancial Results of MAGNUM VENTURES LIMITED Pursuant to the Regulation 33 ofSEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

To the Members of MIS MAGNUM VENTURES LIMITED

Report on the Audit of the Standalone Financial Statements

Opinion

We have audited the accompanying statement of quarterly and year to date financial resultsof MIS MAGNUM VENTURES LIMITED (lithe Company"), for the quarter and year endedMarch 31, 2020 attached herewith being submitted by the Company Pursuant to theRegulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

In our opinion and to the best of our information and according to the explanations given tous, the aforesaid standalone financial statements give the information required by the Act inthe manner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India including Indian Accounting Standards ('Ind AS')specified under Section 133 of the Act.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified undersection 143(10) of the Companies Act, 2013. Our responsibilities under those Standards arefurther described in the Auditor's Responsibilities for the Audit of the Financial Statementssection of our report. We are independent of the Company in accordance with the Code ofEthics issued by the Institute of Chartered Accountants of India together with the ethicalrequirements that are relevant to our audit of the financial statements under the provisions ofthe Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethicalresponsibilities in accordance with these requirements and the Code of Ethics. We believethat the audit evidence we have obtained is sufficient and appropriate to provide a basis forour opinion.

Qualified Opinion

We draw your attention to Point No. 23 to the Notes to Accounts annexed with theFinancial Statements for the year ended March 31, 2020 where the company hasdecided not to provide for any provision in lieu of the impact of Covid 19 pandemic toits financial assets as per the annexed Financial Statements in contravention to theguidelines/advisory on "Impact of Corona Virus on Financial Reporting and theAuditors Consideration II issued by The Institute of Chartered Accountants of India onMarch 27, 2020.

Accordingly, we are unable to ascertain impact of the same on the FinancialStatements.Our Opinion is not modified in respect of this matter.

phasis of Matter

AGGARWAL &. RAMPALContinuation Sheet

Refer Note No. 7 uncior other notes in Notes to A .statements for the veer ended March 31 2020 I c~ounts annexed with the financialthe year ended March 31 2020 includ::>' , ' ;;17:rem the. total outstanding debtors formonths and out or which 'dc'bto,.,' . e ~s. 2607 leklis whicn are due for more than sixhas not made any Provlsion'ror d" IbOtfR~. 59.~:I[)~hs are under lilig~tions. The Company

oars outstandmg for more than SIX months.

b) Refer Note No 20 under tr . t .statements for'tho ,__ 0dlGr no os tn Notes to Accounts annexed with the financialproduction of Krni! 0~(::/, ~~1 ~d ,M_a~~ch3,:' 2020 slaling that the company had started't . d . . .! cr 117 I monciat Your 2017-18 although there are heavy losses inI s PIO uction SI11G(' IIICC\/)/i()n il" . ,.' . ..tI - tiucti .": . <r ,10 comoonv IS expoclll7g proflis tn upcoming years from

10 P'~ uCf.lon of ibi» product and in order to capture more market the production of thesame IS bemg contll iuo«

c) Refer Note No. 22 under other notes in Notes to Accounts annexed with the financialstateme~1.ts = the year ended March 31, 2020. During the year, godown of Paper Mill:aught file w_hlch ICci.lo loss amounting to Rs. 593 fakhs, although the stock was insuredand =: cleim was filed before the insurance company during the year but the claim isnot fma/tzed till dale.

d) Refer Note No. 23 under other notes in Notes to Accounts annexed with the financialstatements for the yoar ended March 31, 2020. Due to Covid 19 outbreak lockdown wasimposed across the country from March 22, 2020 and the business operations gotsuspended from the said date. The Company has started its operations of Paperdivision from July 24, 2020, however the hotel division stands closed till date until furtherdirections/ guidelines issued by the State/ Central Government with regards to re-opening.

e) Balance of Debtors & Creditors are subject to confirmation and reconciliationconsequential effect (if any) on the financial statement remains unascertained.

Information other than the financial statements and auditors' report thereon

The Company's board of directors is responsible for the preparation of the other information.The other information comprises the information included in the Annual Report, but does notinclude the financial statements and our auditor's report thereon.

Our opinion on the financial statements does not cover the other information and we do notexpress any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the otherinformation and, in doing so, consider whether the other information is materially inconsistentwith the financial statements or our knowledge obtained during the course of our audit orotherwise appears to be materially misstated.

When we read the Annual Report, if we conclude that there is a material misstatement therein,we are required to communicate the matter to those charged with governance.

Responsibilities of M3rwgcmcnt and Those Charged with Governance for theStandalone Financial Stt:ltcrncnts

AGGARWAL &. RAMPALContinuation Sheet

performance and cash flows of the Company in accordance with the accounting principlesgenerally accepted in IndlrJ, includinn the Ind AS specified under section 133 of the Act.

This responsibility also includes maintenance of adequate accounting records in accordancewith the provisions of the Act for safequardinr; of the assets of the Company and forpreventing and delcclinD frauds and other irregularities; selection and application ofappropriate accounting policies; making judgments and estimates that are reasonable andprudent; and desiqn, unotcmentation and maintenance of adequate internal financialcontrols, that were op ~r·(.1tinDeffectively for ensuring the accuracy and completeness of theaccounting records, relevant to the preparation and presentation of the financial statementsthat give a true and lair view and are free from material misstatement, whether due to fraudor error.

In preparing the financial statements, management is responsible for assessing theCompany's ability to continue as a going concern, disclosing, as applicable, matters relatedto going concern and using the going concern basis of accounting unless managementeither intends to liquidate the Company or to cease operations, or has no realistic alternativebut to do so.

The Board of Directors are also responsible for overseeing the Company's financial reportingprocess.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statementsas a whole are free from material misstatement, whether due to fraud or error, and to issuean auditor's report that includes our opinion. Reasonable assurance is a high level ofassurance but is not a Guarantee that an audit conducted in accordance with Standards onAuditing w'ill always det~ct a material misstatement when it exists. Misstatements can arisefrom fraud or error and are considered material if, individually or in the aggregate, they couldreasonably be expected to influence the economic decisions of users taken on the basis ofthese financial statements

As part of an audit in accordance with SAs, we exercise professional judgment and maintainprofessional scepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whetherdue to fraud or error, design and perform audit procedures responsive to those risks, andobtain audit evidence: that is sufficient and appropriate to provide a basis for our opinion.The risk of not deleclin~l a material misstatement resulting from fraud is higher than forone resulting from error, as fraud may involve collusion, forgery, intentional omissions,misrepresentations, or the override of internal control.

• Obtain an understanoinq of internal control relevant to the audit in order to design auditprocedures that are appropriate in the circumstances. Under section 143(3)(i) of theCompanies Act, 201 :l, we are also responsible for expressing our opinion on whether thecompany has adcquuto internal financial controls system in place and the operatingeffectiveness of such controls .

• Evaluate the appropnarcncss of accounting policies used and the reasonableness ofaccounting estimates ZH1Cl related disclosures made by rnanaqcrnent.

AGGARWAL &: RAMPALContinuation Sheet

a~ili.ty ",to cor,lli~lUe :1;, ,~l9:)ifl(J concern, If we, conclude that a material uncertainty exists,~(. dr~ reqUired to cr: w attention In our auditor's report to the related disclosures in thefmanclal stat(;rncnls or if such disclosures are inadequate t dif "0concl .: c t " , 0 mo I your opinion, ur

us Ions are )ilscd on the audit evidence obtained up to the date of our auditor'srepo,rt However fulure events or conditions may cause the Company to cease tocontinue as a DOln~Jconcern .

• ~valua,te the overall presentation, structure and content of the financial statements,Including the disclosures, and whether the financial statements represent the underlyingtransactions and events in a manner that achieves fair presentation.

We communicate with those charqed with governance regarding, among other matters, thepla~~ed scope and tirninSi of the audit and significant audit findings, including any significantdeficiencies In IntorrJrll ('or1trol that we identify during our audit.

We also provide those charSjed with governance with a statement that we have compliedwith relevant ethical requirements regarding independence, and to communicate with themall relationships and other matters that may reasonably be thought to bear on ourindependence, and where ;Jpplicable, related safeguards.

From the matters communicated with those charged with governance, we determine thosematters that were 01 (Iil)..! :;iSFlIflcJnce in the audit of the financial statements of the currentperiod and are trlcrl~f()(l~ 1:1C key auoit matters. We describe these matters in our auditor'sreport unless law or Ic~;~Ii;J:I()n precludes public disclosure about the matter or when, inextremely rare circuruslnnccs we determine that a matter should not be communicated inour report because the ,JJv'~rse con .cqucnccs of doing so would reasonably be expected tooutweigh the public in/crc!'/ :'cncflls of such cornmuoication.

Other MattersThe statement inc/lIcil:!: I:'c: I ('!;ll/!S 0 I equal cr ended March 31, 2020 being the balancingfigure between auoilcu 11:~l,:(':~ill ( ~~;rcct or full fln;Jncial year ended March 31, 2020 and thepublished unaudited )It'ill :,' d; 'c Ilg res up to the third quarter of the current financial year,which were subjcc: to il Ii":,~cu review by us as required under the Listing Regulations.

Place: New DelhiDate: July 30, 20"0

MAGNUM VENTURES LIMITED CIN:L21093DL1980PLC010492 Hc9cl . OfOce: omce No. 205, Second Floor, Building No. 4326, Street No. 3, /\11 sarl Road , Darya GanJ, New Delhl -110002 Well -Site : www .rnagnumventures. ln , E-Mail: magnumventures@gmall .com

Statement or Auditl!d Flnanclal Rl!sults for the Quarter and Year ended 31st March, 2020

:)uarter Ended Year Ended S.No Parti culars

31-Mar-20 31-Dec-19 31-Mar- 19 31-Mar-20 31-Mar-19 Audited Un-Audited Audited Audited Audited INCOME -I Revenue from operr1t,ons

5288 6410 6589 24106 27787 11 Other Income 66 77 51 164 79 Ill Total Income (I+ ll)

5354 6487 6640 24270 27866 -IV EXPENSES

(a) Cost of mateI1als consumed 3644 3973 5124 15762 20826 (b) Purchases or Stock -in -Trade

0 0 0 0 NA (c ) Changes 111 111ventones or finished goods work -ln -p,ogress 431 349 (961) 1151 (1333)

- aru:l.Slnc~d~ - -(d ) Employee benefits expense 899 811 910 3369 3179 (e) Finance costs 16 16 14 49 32 (f) Oeprec,ation and amo,tlsation expense

389 388 381 1553 1515 _ (g) Othe-r exoenses

757 871 1056 3274 3360 Total Expenses (IV) 6137 6408 6524 25159 27579 V Profit/ (Loss) before exceptional items and tax (III-IVl (783) 79 116 (889) 287 Vl Exceptional items (53.0) (1.7) 0 (54) 3.4 Vil Profit/ (Loss) before Tax (V-VI) (836) 77 116 (943) 290.4 Vlll Tax expense (Net)

( 1) Current tax 0 0 56 0 56.08 (2) Deferred tax 0 0 242 274 242 Total Tax Expenses (Net) 0 0 298 274 298.08 IX Profit/ (Loss) for the period(VII-VIII) (836) 77 (182) (1217) (7.68) X Other Comrehensive Income for the period (net of Income Tax)

(a) Items that wi ll not be reclassified subsequently to Profit or 0 0 0 0 0

Loss

(b) Items that will be reclassified subsequently to Profit or Loss 0 0 0 0 0 Tax impact on other comrehensive income 0 0 0 0 0 Other Comrehensive Income for the period (net of Income 0 0 0 0 0

Taxi

X1 Total Profit after Comrehensive Income for the period (836) 77 (182) (1216.6) -7.68

ltTY+)(1

XIl Paid up Equity Share Capita l (face Value Rs.10/- per share) 3760.1884 3760.1884 3760. 1884 3760 .1884 3760.1884 Xlll Earnings per Equity Share:

(1) Basic (0.22) 0.02 (0.05) (0.32) 0 .00 (2) Diluted (0.22) 0.02 (0.05) (0.32) 0.00

Segment-wise Revenue, Results and Capital Employed under Regulation 33 of the SEBI (LODR) Regulations, 201S

Quarter Ended Year Ended S.No Particulars

31-Mar-20 31-Dec-19 31-Mar-19 31-Mar-20 31-Mar-19 Audited Un-Audited Audited Audited Audited Seament Revenue Paoer

1881 4672 461R 1R426 22120 1 Hotel

1309 1815 1g43 5680 5667 Less: Inter Senment Revenue 0 0 0 0 Total ,::1an 6487 6561 24106 27787 Seament R0 c.,lts Paoer

(582 \ (38 \ 1104 \ ( 534 \ 367 2 Hotel

(240 \ 134 239 •'- 1 \ (431 Less: Finanr" Cost 0 17 14 49 32 TQtal IR221 79 121 1943\ 292 Seoment Ascets Panc>r

(7581 2g455 30685 28707 30685 3

HQtel (['1\ <;,4 963 403 963 JQtal RRQ 29999 31648 29110 31648

- -.SJ:.!2IDJ:!lt !.i<'!l!illti1:s ~<:l.. 10g 19045 20300 19154 20300

4 IJ~ I

SB [' DO 13420 13247 · 13420 J_9J;a l __ 167 32234 33720 32401 33720 - - -

Capita l EmolQV~filD~L ils',l'.I5 - Seoment Llabllitles l P~12~r /Rf;]\ 10420 10385 9553 10385 5 - -

(189\ ( 126551 ( 12457 \ 112844 l f 124571 Ji2tel --

110561 (22351 120721 132911 120721 Tota l

(j1

STATEMENTS OF ASSETS AND LIABILITIES

As on 31st As on 31st S. No. Particulars

March 2020 March 2019 A

1

2

B 1

2

2

3

4

5

Assets

N °ll::.kl.ltc.e_nt__A sscts -

i:t_}.Jxo.Q_e.t:l.Y~ l' l_.'!Jll-(llJd I Ql ll illllC lll 20409 20814

bJ.JnLil.llQib~~Ls . 9 0 · ) I nnn Tn,. .. I ,...,...,,,.. :i.nr4 - -- 165 209

c::. ,I .. T.-..t,- • - N ,.,. .... f" 11r-rnn t A .- ... .,. , ,,., 20 58 2 21 0 23 .C.Ytr..cmt..As_!i_cJ_s _ _ ilJ l nvcn torlcs 1671 3193 b LJ r<liltlkq:jy_ablc 51'18 5644

-l) C~arul~_sh Coutv.1 le11 1

- 806 893

ct l_QJJ1CJ Current Asse ts 81 17 r\ , hn,·t !1'1111 I""" _,,,,< A,1.,,.,,;:, - 82 2 878 < 1h T " """ ' l"'11rron• l\ e.._ • ..._ r 8528 10625 lOT AI A~- · T<;: 29 110 3 1648 ,:,.. , , : t-.. !l11 1'\A I

EQuitv -a) LQlfil.Y Sl1a1.c CJ PllJI 62 60 6260

hl nt "" '"" · , I ' (9551 l (8333)

Sub-Total Eauitv (3291) (2073) liabiliti es Non -Current Liabilities aLLQ.n_q Term BO!TOIWJQ_~ 27969 28640

bl Other Lonq Tem1 Liab11lllcs 516 242

c) Lona Term Prov1s1ons 453 381 C.uh-Tnhl IUnn-r ,r r <> nt I " ... 28938 29263 Curren• 1 ;,.h i l i t ies "' Trade p,._,ahlo> 2145 239 1 bl Other Current Liabi l ities 1035 1808

cl Short Term Provisions 282 259 C.uh Tot"' ! r .. r ront I ;,. h j \j t ; o ~ 3462 4458

TOTAL EQUITY AND LIABILITIES 29110 31648

This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS) prescribed under

Section 133 of the Compa nies Act, 2013 and other recognised accounting practices and policies to the exten t appl icable . Beginning April,

2017, the Compan y has for the First time adopted Ind AS with a transition date of April 1, 2016 .

The figures for the quarter ended March 31, 2020 and March 31, 2019 represent the balancing figures between the audited figures for the

full fi nancial year and the published year- to-date figures upto the third quarter of the respective financial yea r.

After Review by the Audit Committee , The above Financial Results have been approved by the Board of Directors at its meeting held

on July 30, 2020 .

The Financial Results have been aud ited by the Statutory Auditors as required under Regulation 33 of SEBI (LODR) Reg . 2015 .The

Statutory Auditors ha ve issued unmodified opinion on the financial results for the year ended March 31 , 2020 .

Jn view of lockdown across the country due to the outbreak of COVID-19 pandemic, operations in both of our division (Paper & Hotel) were

shutdown in compl iance with th e directives orde'rs issued by the Central & State Government. The Company has evaluated the potential

impact of Covid - 19 on its capital and financial resources along with the profitability and financial performance, though it is too early to

estimate the sam e in vi ew of vo latility in the global economic conditions pursuant to this pandemic; the Company as at the date of the

approval of these financials used various available sources of information to analyse the carrying amount of its financial assets and

exposures .

Nil investors complaint was pending at the beginning of the quarter, During the quarter no compla int was received, Nil Complaint was

6 pend ing as on March 31, 2020 .

7 EPS fo r the Quarter are not annualised .

0 The fi gures fo r the prev ious peri od have been regrouped/ rearranged wherever necessary.

Place: Ne w Delhi Date : 30 .07.2020

For Magnum Ventures Limited

~ -Director

1 he'.;e financial ~trJl"em ent<; Liu not contain any false or misleading statement or figure and do not omit any m ateria l fact which may make

II 11; ,;Latr::rn f!nt·, r, r I 14urec, contained therein misleading .

Place: New De lhi Date: 30.07.2020

CASH FLOW STAT~AGNUM VENTURES LIMITED

....._~l::::::::~;;;,;;;;;===========~~M;E~N~T;F~O;R;;T~H~E;Y~E~A~R;E;N~D~E;D;3;1;s~t[M=A=R=C~H=;20~Z~O~==~~~I~ - PARTICULARS

CIN No. L21093DL1980PLC010492 CASH FLOW FROM

OPERATIONS

A) Profit before Taxat ion

8) Adjus tments

As at 31.03.2020 Amount in INR (Rs.)

As at 31.03.2019

ADD

i Deprecia 11o n

·i·i· lnter~st expen ses

;~ Provision fo r Gratu ity

Provision for lea v Pr . vc 1:. ncashment

ov1s,011s fo r Genu s

;i1r Prov,s,on for lncon,e Ta,<

Other Prov1 s1o ns

less

Interest incorne

Operating pro fit b f • . e- ore worJ.:ir:ig capita l cha nges

C) (Increase )/ Decrease in Current Assets

1 lnventoncs

•i Sundry Debtors

in loans & adva nces & other Current Assets

Increase I (Decrease ) in Current Liabilites

Sundry Creditors

i1 Advance from Customers

Iii Expenses Payable

iv other liability

Cash generated fro m operations

Income tax & FBT

Effect of &tra Ordinary Item

NET CASH FROM OPERATIONS

INVESTING ACTIVITIES

I Additions to Capital work in progress

ii Additions to fixed assets (Net of Sales)

ii i Increase in investment

iv Interest Income

NET CASH FROM INVESTING ACTIVITIES

FINANCING ACTIVITIES

i Issue of Shares

11 Increase in Share Premium

ii i Decrea se in Investmen ts

iv Borrowings

v Interest Paid/Payable

NET CASH FROM FINANCING ACTIVITIES

Net Change in cash and cash equivelants (A+ B • C)

Cash and cash equivalents at the beginning of the period (See Note-3)

Cash and cash equialents at the end of the period (See Note-3)

Notes:-

(88,889,959)

155346346

1870930

7044700

346079

(243298)

0

2380130

1,510,019

165,234,868

76,344,909

152,184,857

49,646,168

3,608,502

(24,629,851)

(13,733,112)

(10,131,026)

(53,411,246)

103,534,292

179,879,201

0

0 .00

(5,346,305)

174,532,896

0

(11 5,844,830)

0

1,510,019

(114,334,811)

0

0

0

(67,065,206)

(1,870,930)

(68,936,136)

(8,738,052)

89,300,173

80,562,122

l)The above Cash Flow Sta tements has been prepared under the Indirect Method as set out in Ind As -7(Cash Flow Statements)

2)Fieures in brackest indicates outflows

3) Cash and cash equivalents consist o f cash on hand and balances with scheduled Banks in current accounts. Cash and

cash equivalents in included in cash flow statement comprise the following balance sheet amounts.

Particulars

Cash in hand

FDR with the Bank

Balance with scheduled banks In curi ~nl accounts

Total

As at 31.03.2020

879,453

67,634,421

12,048,248

80,562,122

151,472,053

3,23S,862

5,349,917

925,209

(88,264)

5,608,374

S81,914

900,224

(64,403,596)

76,967,661

(36,401,179)

(27,682,926)

61,082,169

6,064,231

(99,355,850)

(5 ,608,374)

0

(168,734,658)

0

900,224

0

0

0

88,483,147

(3,235,862)

28,809,184

166,184,841

194,994,025

(83,729,490)

111,264,535

(5 ,608,374)

105.6S6,161

(167,834,434)

85,247,285

23,069,012

66,231,161

89,300,173

As at 31.03.2019

1.845,545

48,455,225

38,999,403

89,300,173

For Magnum Ventures Limited

Place : New Delhi

Date: 30.0i'.2020

V (Mr. Ab Y I Whole Time Director

DIN: 0 1876385

u.,' ,,--- -

Magnum Ventures Ltd. CIN: L21093DL1980PLC010492

(An ISO 14001-2004 Certified Company)

Corporate Office: 18/31, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P)

Address for Correspondence: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad-201010

Date: 30'h July, 2019

Department of Corporate Services

Bombay Stock Exchange Limited

Phiroj JeeJeeboy Towe;,

Dalal Street. Fort Mumbai-40000 I

Ref: Scrip Code BSE: 532896

Dear Sirs,

Department of Corporate Communications

National Stock Exchange India Limited

Exchange Plaza, Bandra-Kurla Complex

Bandra(E) Mumbai-400 051

NSE:MAGNUM

Sub: Declaration pursuant to regulations 33 (3) (d) of the SEBI {Listing obligations and Disclosure

Requirements) Regulations, 2015

In compliance with the provisions of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure

Requirements) · Regulations, 2015 we hereby declare that M/s Aggarwal & Rampa I, Chartered

Accountants (FRN-003072N), Statutory Auditors of our Company have issued an Audit Report with

unmodified opinion on the Audited Financial Result (Standalone) of the Company for the quarter & year

ended March 31st, 2020.

You are requested to kindly take the same on record.

Thanking You,

For MAGNUM VENTURES LIMITED

Regd. Office: Off No. 205, 2nd Floor, Building No. 4326 Street No. 3,

Ansari Road, Darya Ganj, Delhi - 110002

Office & Works: 18/41, Site-IV, Industrial Area, Sahibabad, Ghaziabad-201010

Phone: +91-120-4199200 Fax: +91-120-4199234

E-mail: magnumventures@gmail.com Website: www.magnumventures.in

-