Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution's board re-appointed Mr. Rajesh Emmanuel Francis as Managing Director and Mr. Manish Shivnarayan Pancholi as Whole-Time Director. Both have been re-appointed for fresh 3-year terms, effective April 1, 2026, ensuring leadership continuity for the company.
Apr 22 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution's Board re-appointed Mr. Rajesh Emmanuel Francis as Managing Director and Mr. Manish Shivnarayan Pancholi as Whole-Time Director. Both re-appointments are for a term of three years, commencing April 1, 2026, and are subject to shareholder approval.
Apr 22 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution's Board re-appointed Mr. Rajesh Emmanuel Francis as Managing Director and Mr. Manish Shivnarayan Pancholi as Whole-Time Director. Both re-appointments are for a term of three years, commencing April 1, 2026, and are subject to shareholder approval.
Apr 22 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson promoter Ashwin Ratilal Thummar disposed of 42,000 equity shares of ₹10 face value each on March 30, 2026. This open market sale was reported as a revised SAST disclosure to update previous filings, reducing his holding from 0.23% to 0.00%.
Apr 20 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution announced a significant 84.5% YoY decline in FY25 cons. net profit to ₹43.50 lakhs, alongside the appointment of Mr. Saibal Chandra Banerjee as CEO on May 24, 2025. The company also stated a change in IPO fund utilization for new store expansion, shifting from a franchise to an ownership model.
Apr 20 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution opened a new store in Fatorda, Goa, effective April 19, 2026. This strategic expansion increases their total retail presence to 41 stores across 10 cities and 3 states, enhancing market reach.
Apr 20 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution completed the allotment of 4.4 lakh equity shares via a preferential issue on April 15, 2026. The paid-up share capital increased by ₹44 lakh to ₹13.37 crore as a result of this conversion.
Apr 15 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution allotted 4.4 lakh equity shares at ₹93.25 per share to United Friends Ventures LLP (Promoters Group) through warrant conversion. This increased the company's paid-up equity share capital from 1.29 crore to 1.33 crore shares.
Apr 15 2026 16:04:00
Magson Retail And Distribution Limited (MAGSON)
Magson Retail & Distribution allotted 4.4 lakh equity shares at ₹93.25 per share to United Friends Ventures LLP (Promoters Group) through warrant conversion. This increased the company's paid-up equity share capital from 1.29 crore to 1.33 crore shares.
Apr 15 2026 16:04:00
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