Announced Thu, 9 Jul · 19:52 IST

Board meeting on July 14 to consider fundraising through equity, QIP, rights

Fund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹71.11
prior close
₹67.56
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-9.7-14.2-10.0-14.5-18.7-26.6
Up moveDown movePending
AI summary

Magnus Steel and Infra has called a board meeting on July 14, 2026, to consider raising funds via equity shares, convertible instruments, or other securities through preferential allotment, rights issue, QIP, ADR/GDR, FCCB or any combination, in one or more tranches. The trading window for designated persons is closed from July 9 till 48 hours after the board meeting concludes.

Likely market impact

Possible equity dilution ahead depending on the fundraising route chosen; investors should watch for terms post-July 14.