Announced Sat, 18 Apr · 11:01 IST

Please refer the attached intimation.

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
+10.2%1-day move
₹138.76
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.2+15.7+21.5+27.6+21.2+9.4+46.1+31.2-36.4-60.4
Up moveDown movePending
AI summary

Magnus Steel and Infra Ltd (formerly Magnus Retail Ltd) has filed a declaration with BSE confirming that the company does not meet the criteria of a 'Large Corporate' as defined under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144. This circular pertains to fund-raising through debt securities by large entities. The company, with CIN L24319MH1978PLC416753, is confirming it falls below the threshold that would classify it as a Large Entity requiring additional compliance obligations. The filing is dated April 17, 2026, and signed by Company Secretary Kshipra Bansal.

Likely market impact

Neutral filing confirming the company remains classified as a small/mid-sized entity, avoiding additional SEBI disclosure requirements mandated for Large Corporates. This has no direct negative impact on shareholders and indicates the company has not crossed the asset/revenue thresholds that would trigger Large Entity status.