Announced Tue, 14 Jul · 17:38 IST

Magnus Steel And Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/07/2026 ,inter alia, to consider and approve The Company has informed ....

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹60.99
prior close
₹57.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.5+10.5+10.5+10.5-0.3-5.2-10.0-14.5-18.7-10.4
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AI summary

Magnus Steel and Infra Limited has postponed its Board Meeting from July 14, 2026 to July 15, 2026 due to non-availability of certain directors. The meeting will now be held on Wednesday, July 15, 2026 with the same agenda — to consider and approve a proposal for fund raising by the Company. The trading window for designated persons remains closed from July 9, 2026 until 48 hours after the conclusion of the rescheduled Board Meeting.

Likely market impact

This is a procedural delay and not a change in business direction. Shareholders should await the outcome of the July 15 meeting to understand the nature and size of the proposed fund raise, which could affect the stock price.