Schneider Electric Director Resigns; Magnum Ventures Raises ₹50 Cr
Corporate update documents for Schneider Electric Infrastructure and Magnum Ventures.
Key Highlights
Chinmoy Das resigns from Schneider Electric Infrastructure. Magnum Ventures secures ₹50 crore via Non-Convertible Debentures (NCDs) on a private placement basis.
Key Corporate Updates Unfold
Several Indian companies announced significant corporate developments, with Schneider Electric Infrastructure seeing a key resignation and Magnum Ventures securing substantial financing.
Chinmoy Das has tendered his resignation as Whole-Time Director of Schneider Electric Infrastructure, effective from the close of business on June 30, 2026. Citing personal reasons, Das will also step down as a Senior Management Personnel of the company.
Magnum Ventures Raises INR 50 Crores
In a separate development, Magnum Ventures’ Debt Raise Committee has approved the issuance of Listed Rated Secured Redeemable Non-Convertible Debentures (NCDs).
- The NCDs will aggregate up to INR 50 Crores.
- They will be issued on a Private Placement basis.
Other Corporate Announcements
Further corporate shifts were reported by Inventurus Knowledge Solutions and Jagsonpal Services:
- Inventurus Knowledge Solutions: Its Nomination and Remuneration Committee approved granting 131,114 employee stock options to eligible employees under its ESOP Plan.
- Jagsonpal Services: Shilpa Soni has been relieved from her duties as Company Secretary and Compliance Officer, effective June 15, 2026.