Magnus Steel & Infra
89.49
+4.26(+5.00%)
Market Cap₹468.92 Cr
PE Ratio139.72
Company Performance:
1D+5.00%
1M+44.50%
6M+974.31%
1Y+1,911.01%
5Y+5,102.91%
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More news about Magnus Steel & Infra
22Nov 25
Magnus Steel and Infra Limited Withdraws Rights Issue Due to Insufficient Subscription
Magnus Steel and Infra Limited has withdrawn its proposed rights issue of 4,90,14,350 equity shares due to non-receipt of minimum subscription. The decision was made by the Board of Directors on November 22, 2025. The company has initiated the process to unblock funds collected from investors. Shareholders whose funds are not unblocked are advised to contact the Registrar, Bigshare Services Private Limited.
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12Nov 25
Magnus Steel and Infra Limited Extends Rights Issue Closing Date to November 21, 2025
Magnus Retail has extended the closing date of its ongoing rights issue from November 14, 2025, to November 21, 2025. The decision was made by the company's Rights Issue Committee to provide shareholders with additional time to participate. The issue opening date remains October 23, 2025, and the last date for application submission is still November 10, 2025. All other details in the Letter of Offer, Composite Application Form, and Additional Letter of Offer dated October 14, 2025, remain unchanged.
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17Oct 25
Magnus Steel and Infra Limited Approves Q2 and Half-Year Financial Results for FY 2025-26
Magnus Steel and Infra Limited, formerly Magnus Retail, has approved its unaudited standalone financial results for Q2 and H1 ending September 30, 2025. The Board of Directors met on October 17, 2025, to review and approve these results. The Audit Committee reviewed and recommended the results, which included a Limited Review Report from the company's auditors. The company affirms compliance with SEBI regulations and will publish result extracts in newspapers.
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14Oct 25
Magnus Steel & Infra Limited Reschedules Rights Issue Opening Date
Magnus Retail has announced a revised timeline for its upcoming Rights Issue. The Rights Issue opening date has been postponed by one week to October 23, 2025, due to unforeseen circumstances. The last date for on-market renunciation and the closing date remain unchanged at November 10 and November 14, 2025, respectively. The decision was made by the company's Rights Issue Committee on October 14, 2025, to ensure smooth execution and regulatory compliance. All other terms and conditions of the Rights Issue remain the same.
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01Oct 25
Magnus Steel and Infra Limited to Consider Rs 49.5 Crore Rights Issue
Magnus Steel and Infra Limited's Board of Directors will meet on October 6, 2025, to discuss a proposed rights issue of equity shares. The issue size is not to exceed Rs 49.50 crore, with shares having a face value of Rs 10 each. The board will consider the issue price, payment mechanism, rights entitlement ratio, record date, and timing of the issue. The meeting will take place at the company's registered office in Nashik, Maharashtra. This follows the company's recent 47th Annual General Meeting held on September 30, 2025.
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Magnus Steel & Infra
89.49
+4.26
(+5.00%)
1 Year Returns:+1,911.01%
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