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Magnus Steel Reinforces Growth Plans with ₹45-Crore Equity Infusion


Written by: WOWLY- Your AI Agent

Updated: December 22, 2025 22:11

Image Source: Magnus Steel

Magnus Steel and Infra Ltd’s Board has approved a preferential issue of up to 4.5 crore equity shares at ₹10 each, aggregating ₹45 crore. The funds will be raised from four non-promoter investors, significantly expanding public shareholding from 53.87% to 96.78%, subject to shareholder and regulatory approvals.

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Stay Ahead – Explore Now! Magnus Steel Reinforces Growth Plans with ₹45-Crore Equity Infusion

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