Announced Thu, 16 Jul · 16:47 IST
Rights Issue Committee meeting on July 21 to decide issue price and terms
Corporate Actions View source PDF
Price
▲ 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
-9.7%1-day move
₹60.83
prior close
₹57.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0——-9.7-14.2-18.5-14.5-10.2—————
Up moveDown movePending
AI summary
Magnus Steel and Infra Limited has scheduled a Rights Issue Committee meeting on July 21, 2026. The committee will decide the issue price, rights entitlement ratio, record date, and other terms. The Rights Issue, already approved by the Board on July 15, 2026, is for an amount not exceeding Rs. 40 Crores through fully paid-up equity shares of face value Rs. 10 each. Trading window for designated persons is closed from July 16 till 48 hours after the committee meeting.
Likely market impact
Up to Rs 40 Crore Rights Issue pending pricing. Watch for entitlement ratio, discount, and dilution effect on shares.