Magnus Steel's Board approves rights issue worth ₹49.50 crore
Magnus Steel and Infra Ltd's Board of Directors have approved a Rights Issue of ₹49.50 crore, offering 4.9 crore shares at ₹10 each. The issue opens on October 16, 2025, and closes on November 14, 2025. The record date is October 10, 2025. Shareholders can apply for 2 shares for every 29 shares held.