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Magnus Steel and Infra Limited (formerly Magnus Retail Ltd, BSE: 517320) held its 47th AGM on September 30, 2025, via video conferencing. Three ordinary resolutions were voted on: (1) adoption of FY2024-25 financial statements, (2) re-appointment of Managing Director Karronn Naresh Bajaj, and (3) appointment of Ritesh Sharma & Associates as Secretarial Auditor. All three resolutions passed unanimously with 100% votes in favour (15,61,565 votes) and zero votes against. Total voting turnout was 46.2% of the 33,80,300 outstanding shares. Promoter group (16,08,965 shares) voted fully in favour, while public participation was extremely low with only 2,600 of 17,71,335 public shares casting votes. The scrutinizer's report was issued on October 1, 2025.
Routine procedural filing — no material change to business or shareholder value. All resolutions passed unanimously, including the Managing Director's re-appointment, indicating stability in leadership. The extremely low public shareholder participation (0.15% of public shares) is noteworthy but typical for small-cap BSE-only companies.