Magnus Steel Board to Decide Rights Issue Price on Oct 21

Magnus Steel And Infra Ltd has announced that a meeting of its Rights Issue Committee of the Board of Directors is scheduled for October 21, 2026. The committee will finalize key terms for the Rights Issue, including the issue price, entitlement ratio, record date, and timing. This follows the Board's earlier approval on July 15, 2026, for a Rights Issue of up to ₹40 Crores. The trading window for company shares will be closed from October 15, 2026, until 48 hours after the committee meeting concludes.