Magnus Steel & Infra Limited EGM Achieves 99.99% Approval for Key Resolutions
Magnus Steel & Infra Limited successfully conducted its EGM on February 10, 2026, achieving overwhelming 99.99% approval rates for two special resolutions covering preferential share issuance and registered office shifting. The meeting saw participation from 2 promoter group members and 31 public shareholders via video conferencing, with detailed voting results scrutinized by Ritesh Sharma & Associates and announced on February 11, 2026.

*this image is generated using AI for illustrative purposes only.
Multiple Indian companies have announced their quarterly financial results for the third quarter of FY26 ended December 31, 2025, demonstrating continued corporate transparency and regulatory compliance under SEBI guidelines.
Magnus Steel & Infra Limited EGM Voting Results
Magnus Steel & Infra Limited (formerly Magnus Retail Limited) declared comprehensive voting results for its Extraordinary General Meeting held on February 10, 2026, pursuant to Regulation 44(3) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The EGM was conducted through Video Conferencing from 3:00 PM to 3:33 PM, with results announced on February 11, 2026.
Meeting Participation and Structure
| Parameter: | Details |
|---|---|
| Total Shareholders on Record Date | 11,800 |
| Record Date | February 03, 2026 |
| Promoter Group Attendance (VC) | 2 |
| Public Shareholders Attendance (VC) | 31 |
| Total Resolutions | 2 Special Resolutions |
| Scrutinizer | Ritesh Sharma & Associates |
Resolution 1: Preferential Share Issuance
The first special resolution regarding "Issuance of equity shares of the company on Preferential issue to Non-Promoters for Cash Consideration" achieved overwhelming approval:
| Category: | Shares Held | Votes Polled | Votes in Favor | Votes Against | Approval % |
|---|---|---|---|---|---|
| Promoter Group | 1,559,215 | 1,559,215 | 1,559,215 | 0 | 100.00% |
| Public Non-Institutions | 1,821,085 | 3,300 | 3,200 | 100 | 96.97% |
| Total | 3,380,300 | 1,562,515 | 1,562,415 | 100 | 99.99% |
Resolution 2: Registered Office Shifting
The second special resolution for "Shifting of Registered Office of the Company" received identical voting results:
| Category: | Shares Held | Votes Polled | Votes in Favor | Votes Against | Approval % |
|---|---|---|---|---|---|
| Promoter Group | 1,559,215 | 1,559,215 | 1,559,215 | 0 | 100.00% |
| Public Non-Institutions | 1,821,085 | 3,300 | 3,200 | 100 | 96.97% |
| Total | 3,380,300 | 1,562,515 | 1,562,415 | 100 | 99.99% |
Voting Process and Compliance
The remote e-voting was conducted from February 06-09, 2026, through NSDL's e-voting platform, with additional e-voting facility available during the EGM. The scrutinizer report was prepared by Ritesh Sharma & Associates, Company Secretaries (Membership No. 55206), confirming the validity of the voting process.
Key Voting Statistics
| Voting Details: | Count |
|---|---|
| Total Members Voted in Favor | 23 |
| Total Members Voted Against | 1 |
| Invalid Votes | 0 |
| Voting Participation Rate | 46.22% |
Other Corporate Financial Updates
Bioenergy and Chemical Sector
TruAlt Bioenergy Limited and Aether Industries Limited both approved their unaudited standalone and consolidated financial results for Q3 FY26 on February 03, 2026. Both companies have made their results accessible through QR codes and standard regulatory channels.
Investment Sector Performance
TSF Investments Limited (formerly Sundaram Finance Holdings Limited) reported strong Q3 FY26 performance:
| Financial Metric: | Q3 FY26 (₹ crores) | Q3 FY25 (₹ crores) |
|---|---|---|
| Total Income from Operations | 5,445.20 | 1,731.77 |
| Net Profit After Tax | 4,447.51 | 1,155.84 |
| Earnings Per Share (₹) | 2.00 | 0.52 |
The company declared an interim dividend of ₹6.70 per share (134%) for FY 2025-26, with the record date set for February 10, 2026.
Pharmaceutical Sector Results
Mankind Pharma Limited presented comprehensive Q3 FY26 results:
| Consolidated Results: | Q3 FY26 (₹ crores) | Q3 FY25 (₹ crores) |
|---|---|---|
| Revenue from Operations | 3,567.20 | 3,198.79 |
| Profit After Tax | 413.88 | 377.87 |
| Basic EPS (₹) | 9.90 | 9.29 |
Dr. Agarwal's Health Care Limited and Fidel Softech Limited also announced their Q3 FY26 financial results, with both companies ensuring accessibility through multiple regulatory channels and QR code systems.
Regulatory Compliance
All announced results and corporate actions comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The companies have ensured accessibility through multiple channels including stock exchange websites, company portals, and QR code systems for investor convenience, reflecting ongoing commitment to transparency and regulatory adherence.
Historical Stock Returns for Magnus Steel & Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | +10.36% | +29.05% | +1,035.60% | +1,211.69% | +3,313.45% |
































