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
Magson Retail And Distribution Limited (MAGSON)
Magson Retail and Distribution executed a Business Transfer Agreement on March 30, 2026, with Ksheer Milk and Products to exclusively acquire their businesses. This acquisition is part of the company's strategy to expand its business operations.
Mar 30 2026 17:03:00
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