MAGNUM VENTURES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/03/2024 ,inter alia, to consider and approve PROPOSAL OF FUND RAISING BY WAY OF ISSUANCE OF 16,50,000 EQUITY SHARES ON PREFERENTIAL BASIS TO QUALIFIED INSTITUTIONAL BUYER, SUBJECT TO RECEIPT OF REGULATORY / STATUTORY / MEMBERS APPROVALS, AS MAY BE REQUIRED.