Announced Tue, 21 Jul · 16:32 IST
Rights Issue Committee meeting postponed awaiting stock exchange approval
Fund Raising 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
-0.2%1-day move
₹52.17
prior close
₹49.57
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0—+0.0+0.0-0.2+4.7+10.0———————
Up moveDown movePending
AI summary
Magnus Steel and Infra postponed its Rights Issue Committee meeting scheduled for July 21, 2026. The meeting was to decide record date, issue price, and entitlement ratio for the rights issue approved by the Board on July 15. The postponement is due to pending In-Principle approval from BSE. The meeting will now be held within one working day of receiving the approval.
Likely market impact
Minor procedural delay in the rights issue process; awaiting stock exchange clearance before key terms are finalised.