Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Hot Pursuit
Close

Scrips, which has significant changes during the market hours.

 
Magnus Steel plans to raise up to Rs 40 crore through a rights issue
21-Oct-26 18:01Hrs IST

Magnus Steel and Infra Limited intends to raise up to Rs 40 crore through a rights issue of 3,98,87,540 equity shares with a face value of Rs 10 each, offered at an issue price of Rs 10 per share. The rights issue will have a record date of October 27, 2026, and an issue period opening on November 12, 2026, with a ratio of 59 shares for every 5 shares held. The company's board has approved the terms, including payment details, and a Letter of Offer will be filed with the BSE and SEBI. Following the rights issue, the outstanding equity shares are expected to increase from 33,80,300 to 4,32,67,840.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise