21-Oct-2026 17:43:35
MAGNUSGeneral news
MAGNUS : RIGHTS ISSUE WORTH RS 39.89 CR AT RS 10/SHARE
• Rights Issue Committee approved ~3.99 Cr fully paid-up equity shares of face value ₹10 each at ₹10 per share, aggregating ₹39.89 Cr • Rights entitlement ratio 59 equity shares for every 5 shares held; record date October 27, 2026 • Issue opens November 12, 2026 and closes December 1, 2026; full ₹10 per share payable on application • Outstanding equity shares to rise from 33,80,300 to 4,32,67,840 on full subscription • Board earlier approved rights issue of not exceeding ₹40 Cr
Magnus Steel and Infra Ltd
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