Magnus Steel And Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/10/2026 ,inter alia, to consider and approve various matters in connection with the Rights Issue, including the specific terms of the Rights Issue

MAGNUS STEEL & INFRA LIMITED» Formerly known as Magnus Retail Ltd www.magnussteelinfra.in Date: 15/10/2026 Listing Department Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Reference: ISIN - INE898E01011; Scrip Code- 517320; Symbol- MAGNUS Sub: Intimation of Rights Issue Committee Meeting to be held on October 21, 2026 for deciding Issue Price and other terms of the Rights Issue. Dear Sir/Madam, This is further to our Outcome of the meeting of the Board of Directors (“Board”) of Magnus Steel and Infra Limited (“Company”) dated Wednesday, July 15, 2026 wherein the offer and issuance of fully paid-up equity shares of face value of Rs. 10.00/- each of the Company (“Rights Equity Shares”) as decided by the Board by way of a Rights Issue, to the eligible Shareholders, for an amount not exceeding Rs. 40,00,00,000/- (Rupees Forty Crores Only) (“Rights Issue”), in accordance with the Companies Act, 2013, as amended and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, SEBI Listing Regulations and other applicable laws, was approved. In continuation to our previous disclosures and following the receipt of the In-principle approval from the Stock Exchange, we hereby inform you that, pursuant to Regulation 29(1)(d) of the SEBI Listing Regulations, a meeting of the Rights Issue Committee of the Board of Directors is scheduled to be held on Wednesday, October 21, 2026. The Committee will, inter alia, consider, discuss, and decide various matters in connection with the Rights Issue, including the specific terms of the Rights Issue, such as the determination of the Rights Issue price and related payment mechanism, rights entitlement ratio, the record date, timing of the Rights Issue and other terms and conditions with respect to the Rights Issue. Further, in terms of the Code of Conduct for Prevention of Insider Trading under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in Equity Shares of the Company will remain closed with effect from today i.e Thursday, October 15, 2026, till 48 hours from the conclusion oft he Rights Issue committee meeting. weess Tansiomanss | LEGACY SiNce 1978 Regd. Office: Unit No. 365, AUPost: Shirasgaon, Tal: Niphad, Dist: Nashik - 422001 E: magnussteelinfra@gmailcom P: 4919112271471 |CIN: L24319MH1978PLC416753 MAGNUS STE& IENFLRA LIMITED* Formerly known as Magnus Retail Ltd infal You are requested to please take the same in your record. Thanking you, Yours Faithfully, For Magnus Steel and Infra Limited, (Formerly known as Magnus Retail Limited) Kshipra Bansal Company Secretary vees ooy | LEGACY Since 1978 Regd. Office: Unit No. 365, AUPost: Shirasgaon, Tal: Niphad, Dist: Nashik - 422001 E: magnussteelinfra@gmailcom P: 4919112271471 |CIN: L24319MH1978PLC416753