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.

Magnus Retail has announced a revised timeline for its upcoming Rights Issue, as per a decision made by the company's Rights Issue Committee on October 14, 2025. The change in schedule comes in response to unforeseen circumstances, with the company prioritizing smooth execution and full compliance with regulatory and operational requirements.

Revised Rights Issue Timeline

The updated schedule for the Rights Issue is as follows:

Key Points of the Announcement

• The Rights Issue Committee meeting was held on October 14, 2025, from 3:00 PM to 3:40 PM.
• The decision to reschedule was made due to "certain unavoidable circumstances."
• The Rights Issue opening date has been pushed back by one week, from October 16 to October 23, 2025.
• The last date for on-market renunciation of rights entitlement and the closing date remain unchanged.
• All other terms and conditions of the Rights Issue, as approved by the Board of Directors on October 6, 2025, remain the same.

Company Background

Magnus Steel & Infra Limited, formerly known as Magnus Retail, has been in operation since 1978. The company is headquartered in Nashik, Maharashtra.

This rescheduling of the Rights Issue demonstrates the company's commitment to ensuring a smooth process for its shareholders while adhering to regulatory requirements. Investors and stakeholders should take note of these revised dates for participation in the Rights Issue.

The company has stated that the updated letter of offer, Right Entitlement Form, and Application Form reflecting these changes have been approved by the Rights Issue Committee. Interested parties can access the full notice on the company's website and the Stock Exchange platform for more detailed information.