Magnum Ventures Secures Rs 60 Crore Term Loan From Tata Capital

Signed Rs 60 crore Tata Capital term loan at 12% floating for 135 months for Rs 20 crore unsecured repayment, Rs 25 crore hotel upgrade, Rs 10 crore TFCI repayment, Rs 5 crore corporate use, secured by pari passu hotel charge, disbursal pending TFCI consent. Context: extends refinancing sequence.