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Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹32.30

prior close

₹32.94

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+2.5% vs market

Other Electrical Equipment peers, median of 43sector-0.4%+2.3% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.3 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

+2.0-0.5+2.5-0.4+2.3

Next day

+4.0-1.1+5.0-1.2+5.2

+6.1-1.8+7.9-2.3+8.4

+8.2-1.9+10.1-2.4+10.6

+10.3-0.5+10.8-1.7+12.0

+12.5-0.3+12.8-1.7+14.2

+17.0+0.9+16.1-1.8+18.8

15d

+37.0-4.3+41.3-7.7+44.7

+37.2-9.3+46.5-12.0+49.3

+80.7-5.4+86.1-6.9+87.6

+118.3-13.7+132.0-13.0+131.2

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 43Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Magnus Steel and Infra (formerly Magnus Retail) has revised the outcome of its Board Meeting held on 22nd December 2025, which had approved a preferential issue of equity shares. The correction fixes a clerical error: the earlier filing mistakenly named a director as the valuer, whereas the actual appointed Registered Valuer is M/s Atharva Valuation (OPC) Private Limited (Reg. No. IBBI/RV-E/03/2022/174). The issue price will be determined based on this valuer's report and in compliance with SEBI (ICDR) Regulations, 2018. All other terms and conditions from the original outcome remain unchanged.

Likely market impact

This is a procedural correction with no change to the substance of the preferential issue. Shareholders should await further details on issue price, quantity, and allottees once the valuation report is finalized, which could lead to dilution depending on the size of the issue.