Magnus Retail , formerly known as Magnus Steel and Infra Limited, has announced an extension to the closing date of its ongoing rights issue. This decision, made by the company's Rights Issue Committee, aims to provide shareholders with additional time to participate in the offering.

Key Details of the Rights Issue Extension

Rationale and Implications

The extension of the rights issue closing date by one week is intended to offer shareholders an extended opportunity to exercise their rights in the issue. This decision was made during a Rights Issue Committee meeting held on November 11, 2025.

Important Notes for Shareholders

1. The last date for submitting the duly filled Composite Application Form (CAF) along with the required payment remains Monday, November 10, 2025.
2. Eligible shareholders are advised to take note of the revised issue closure date of Friday, November 21, 2025.

Unchanged Aspects

The company has clarified that apart from the extension of the closing date and the resultant changes in the post-issue activity timeline, all other details in the Letter of Offer (LOF), Composite Application Form (CAF), and Additional Letter of Offer (ALOF) dated October 14, 2025, remain unchanged.

Company Background

Magnus Retail, operating under the ISIN INE898E01011, is headquartered at Unit No. 365, At/Post: Shirasgaon, Tal: Niphad, Dist: Nashik - 422001. The company, with CIN L24319MH1978PLC416753, is led by Managing Director & CEO Karronn Bajaj.

This extension in the rights issue timeline demonstrates the company's commitment to ensuring maximum participation from its shareholders in this capital-raising initiative.

Magnus Retail , now known as Magnus Steel and Infra Limited, has announced the approval of its unaudited standalone financial results for the second quarter and half-year ended September 30, 2025. The company's Board of Directors convened on October 17, 2025, to review and approve these results.

Key Highlights

• Board meeting held on October 17, 2025, from 5:30 p.m. to 6:15 p.m.
• Audit Committee reviewed and recommended the financial results
• Limited Review Report from the company's auditors included in the approval process
• Results pertain to the second quarter and half-year ended September 30, 2025

Corporate Information

Regulatory Compliance

The company has stated that it is in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As part of these regulations, Magnus Steel and Infra Limited will publish extracts of the results in newspapers.

Management Statement

Mr. Karronn Naresh Bajaj, the Managing Director of Magnus Steel and Infra Limited, signed off on the regulatory filing, affirming the company's commitment to transparency and regulatory compliance.

While the specific financial figures were not disclosed in the provided information, investors and stakeholders can expect a detailed breakdown of the company's performance in the published results. The approval of these results marks an important milestone in the company's financial calendar, providing insights into its performance for the first half of the fiscal year 2025-26.

Investors are advised to review the full financial results and consult with financial advisors before making any investment decisions based on this information.