- Paper Division
- Hotel Division
- Investors Relations
Mr. Pradeep Kumar Jain, aged about 62 years, is the Managing Director of the Company. He holds Bachelors Degree in Arts from Delhi University. He has been associated with the Company as Director since its takeover in 1984. He has been appointed as Managing Director w.e.f. February 4, 2006. He, along with his father, entered into the business of Company. Besides assuming overall responsibility of the company, he is looking after the production function of the paper division of the Company. He has more than 40 years of experience in the Paper Industry. He is responsible for production, marketing and administration of the Paper Unit of the Company. He is also responsible for the administration of the Hotel Unit of the Company.
Mr. Abhay Jain, aged about 48 years, is the Managing Director of the Company. He holds Bachelors Degree in Arts from Delhi University. Mr. Jain has an experience of more than 27 years in the Paper Industry. He was appointed as a Whole-Time Director of the Company w.e.f December 10, 2009 and appointed Managing Director on August 10, 2022.He is handling the purchase of Raw Materials and looking after the Marketing and manufacturing process of Paper and also new product development. Besides Mr. Jain is also involved in the marketing and business development of the Hotel Business of the Company.
Mr. Parveen Jain, aged about 60 years, is the Promoter Director of the Company. He holds Bachelors Degree in Arts from Delhi University. He is a Non-Resident Indian. He has an experience of more than 35 years in the Paper industry. He is primarily involved in strategic decision-making. He has been instrumental in development of the Hotel project in the Company and structuring technological up gradation and modernization program undertaken in the Paper Units. He has hands-on experience in the areas of finance, taxation and accounting department. He is looking after the finance & accounts function of the company, besides company secretarial function. He is also associated as Managing Director of M/s Marriage Banquet International FZE RAK, UAE.
Mr. Parv Jain, is 34yrs of age & joined Magnum Ventures Ltd. in the year 2010 after completing his formal education. He did B.SC. (finance and marketing) from IILM, Lodhi Road, New Delhi who has affiliation from Bradford University, UK. Post his graduation he chose to do Post Graduate Diploma from Les Roches, Switzerland. After completion of education he joined the company and was overseeing the operations of hotel/paper unit along with grasping of accounts knowledge. Based on his working experience and knowledge, he was appointed as CFO of the company w.e.f. September 2016 and is working in this capacity until date. He currently overlooks operations and finance of the company along with professionals and consultants.
Ms. Aanchal Jain, aged about 42 years, a member of Institute of Company Secretaries of India, is having a wide knowledge of Corporate and Commercial laws and experience of more than Fifteen Years, have handled Joint Venture with Foreign Direct Investment, have been a part of team handling Corporate Insolvency Resolution Process as Insolvency Professional. She was appointed as an Independent Director of the Company w.e.f. 28th December, 2021.
Ms. Shalini Rahul, aged about 49 years, is having a expertise in Strategic Analysis, Entrepreneurship, Innovation and field of academics, Business Strategy, Consulting, General Management, Research and training and experience of more than Eighteen Years. She has done MBA and FPM (PhD). She was appointed as an Independent Director of the Company w.e.f. 10th August, 2022.
Mr. Shiv Pravesh Chaturvedi, aged 46 years, is M.B.A. in Human Resources from Asian Institute of Management & Technology, Delhi. He has been associated with the Company since 1996. He has also diploma degree in Personnel Management and Industrial Relation from Bhartiya Siksha Parishad, U.P
Ms. Jyoti Bansal, aged about 29 years, a member of Institute of Company Secretaries of India, is having professional expertise in Consulting, Corporate Law, Lawyer, Legal, Management. She was appointed as an Independent Director of the Company w.e.f. 28th December, 2021
Ms. Jyoti, aged about 27 years, is a commerce graduate from Delhi University, having experience in Human Resource, Administration and Management and has worked with Technonics Solutions, Imaginators, for clients like AMEX, Converges, Barclays and Cvent etc. She also serves on the Board of Codword Global. She was appointed as a Non- Executive and Independent Director of the Company w.e.f February 14, 2019.
Ms. Aaina Gupta aged about 30 years is a commerce graduate and is an associate member of The Institute of Company Secretaries of India. She has a post qualification experience of 6 years in finance, legal & secretarial. She was appointed as Company Secretary of the Company w.e.f 1st December, 2021.