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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.
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.