Magnus Steel And Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/01/2026 ,inter alia, to consider and approve Announcement
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Magnus Steel and Infra Ltd has informed BSE that its Board of Directors will meet on Thursday, 15 January 2026. The key agenda item is to consider and approve a proposal for raising funds through a preferential issue or private placement of securities, which could be for cash or non-cash consideration. The Board will also determine the issue price, subject to regulatory and shareholder approvals. The trading window for insiders has been closed since 1 January 2026 and will reopen 48 hours after the company declares its Q3 FY26 unaudited financial results.
This is an advance intimation — no fund raise has been confirmed yet. If approved, it could lead to dilution of existing shareholders depending on the size and instrument used. Shareholders should watch for the post-meeting announcement on 15 January for details like issue size, price, and identity of investors.