MAGNUM VENTURES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/01/2024 ,inter alia, to consider and approve This intimation holds reference to our intimation on the outcome of the meeting of the Board of Directors of the Company ('Board') dated 13th October, 2023 and 12th December, 2023, in relation the rights issue of Equity Shares of the Company (the 'Rights Issue'). In continuation to the earlier intimation to the stock exchanges dated 11th January, 2024, we further wish to inform that pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015 and other applicable provisions, if any, the Board of Directors in their meeting scheduled to be held on Thursday, 18th day of January, 2024 at 05:00 P.M., will also consider discuss and decide various terms and conditions in connection with the Rights Issue and other related matters, including the specific terms of the Rights Issue, such as the determination of the Rights Issue price, Rights Issue size, rights entitlement ratio, Record Date and timing of the Rights Issue.