Rights Issue21 Oct 2026, 05:50 pm
Magnus Steel: Record Date Set for Rights Issue Entitlements
AI Summary
Magnus Steel and Infra Ltd has announced October 27, 2026, as the record date for determining eligible equity shareholders for its upcoming Rights Issue. This date will be used to credit Rights Entitlements in dematerialized form to the shareholders' demat accounts, in accordance with SEBI regulations. The company has made necessary arrangements with NSDL and CDSL for this process, ensuring entitlements are credited before the issue opens.
Key Highlights
- Record date for Rights Issue entitlements fixed as October 27, 2026.
- Rights Entitlements will be credited to demat accounts.
- Arrangements made with NSDL and CDSL for credit process.
- Entitlements to be credited before the Rights Issue opens.
Price Impact
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