Rights Issue Committee meeting on July 21 to decide issue price and terms

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹60.83

prior close

₹57.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-3.9% vs market

Other Electrical Equipment peers, median of 50sector-1.1%-3.9% vs sector

On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 3.9 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-1.1-3.9-1.1-3.9

Next day

-9.7-0.5-9.3-1.0-8.8

-14.2-0.1-14.1-1.5-12.7

-18.5-1.3-17.2-2.6-15.9

-14.5-2.0-12.5-3.3-11.2

-10.2-1.6-8.6-3.4-6.8

-1.0-1.5+0.5-4.9+3.9

15d

-27.3+2.9-30.2-0.8-26.5

-41.0+3.4-44.4-3.8-37.1

-56.6+2.5-59.1-6.0-50.7

-49.7-0.1-49.6-11.3-38.4

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.