Magson Retail & Distribution Merger & Restructuring Worth ₹0.01 Cr
Magson Retail and Distribution Limited has incorporated a new wholly-owned subsidiary, 'MAGSONS SUPERCENTRE PRIVATE LIMITED', to expand its business operations.
- Value
- ₹0.01 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
43 announcements with these filters
Magson Retail and Distribution Limited has incorporated a new wholly-owned subsidiary, 'MAGSONS SUPERCENTRE PRIVATE LIMITED', to expand its business operations.
Magson Retail received pre-clearance applications from promoters for the sale of equity shares. This follows the company's Insider Trading policy and applicable SEBI regulations.
Magson Retail and Distribution Limited submitted a revised disclosure regarding the reclassification of Mr. Maheshbhai Naranbhai Patel from 'Promoter' to 'Public' category.
Magson approved pre-clearance for promoter Rajesh Francis to sell 5,61,100 equity shares on NSE. Sale will execute at prevailing market price within seven days.
Magson Retail and Distribution Limited has expanded its retail presence by opening a new store in Nikol, Ahmedabad, Gujarat. This brings the total store count to 45.
Magson Retail and Distribution Limited schedules its 8th Annual General Meeting on September 29, 2026, to transact ordinary and special business, including director re-appointments.
Magson Retail & Distribution Limited allotted 5,26,800 equity shares following the conversion of warrants. The company received Rs. 3.68 Crore, representing the 75% balance payment per warrant.
Magson Retail and Distribution allotted 3,89,140 equity shares upon conversion of warrants. The allotment price is ₹93.25 per share, totalling ₹3.63 Crore.
Magson Retail & Distribution Limited announced its board meeting outcome, approving the 8th AGM and the re-appointment of Mrs. Jennifer Rajesh Francis as Executive Director.
Magson Retail and Distribution Limited's promoter, Manish Shivnarayan Pancholi, received pre-clearance to sell up to 3,61,100 equity shares via the stock exchange.
Magson Retail and Distribution Limited granted 358,250 stock options under its ESOS 2025 scheme. The options carry an exercise price of Rs. 10 per share.
Magson Retail and Distribution Limited's promoter, Mr. Manish Shivnarayan Pancholi, has received pre-clearance to sell up to 4,61,100 shares. The potential transaction is valued at ₹8.30 Crore.
Magson Retail and Distribution Limited approved the allotment of 3,00,000 CCDs and 61,200 equity shares. The preferential issue raised approximately 4.00 Crore from non-promoter investors.
Magson Retail allotted 3,90,490 equity shares upon conversion of warrants, receiving a balance amount of Rs 2.73 Crore. This issuance increases the company's paid-up capital.
Magson Retail and Distribution Limited announced that its promoter, Manish Shivnarayan Pancholi, obtained pre-clearance to sell up to 5,00,000 equity shares.
Magson Retail And Distribution Limited submitted its Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2026, as per regulatory requirements.
Magson Retail submitted an application to the NSE for reclassifying Mr. Maheshbhai Naranbhai Patel from the Promoter group to the Public category.
Magson Retail and Distribution Limited announced that shareholders approved resolutions at its EGM on July 15, 2026. The meeting results were submitted per SEBI regulations.
Magson Retail held an EGM to approve a Rs.1.00 Crore preferential share allotment. Shareholders also voted on director re-appointments and issuance of convertible debentures.
Magson Retail allotted 4,28,950 equity shares following warrant conversions worth ₹4.00 Crore. The Board also approved a promoter reclassification request for one shareholder.
Magson Retail closed its Zuarinagar, Goa store effective July 13, 2026. The location contributed Rs 0.71 Crore in turnover but lacked financial stability to continue operations.
Magson Retail opened two new stores in Ahmedabad and Goa. This expansion increases the company's total footprint to 44 stores across three states.
Magson Retail & Distribution Ltd issued a corrigendum to its Extra‑Ordinary General Meeting notice. The correction updates shareholding pattern disclosures and valuation report details.
Maheshbhai Naranbhai Patel has requested reclassification from the promoter group to the public category. The company's board will now consider the request.
Magson Retail approved a preferential issue raising ₹4 Crore via CCDs and equity shares to non-promoters. The funds will strengthen the company's capital base.
Magson Retail and Distribution Limited scheduled a board meeting on June 16, 2026. The board will consider fund-raising through a preferential issue of securities.
Magson Retail promoter Mr. Maheshbhai Patel received pre-clearance to sell up to 50,000 shares worth ₹0.84 Crore. The transaction must be executed within seven days.
Magson Retail & Distribution Ltd reported revenue from operations of ₹70.6 Cr (+100.6% YoY) and net profit of ₹0.6 Cr (+100.0% YoY) for H2 FY26.
Magson Retail and Distribution Limited reported audited FY2026 consolidated net profit of ₹85.11 Lakhs. The Board also appointed M/s. H D Panchal & Co. as Internal Auditors.
Magson Retail reported consolidated revenue of ₹110.24 Crore for FY26. The company also appointed H D Panchal & Co. as its internal auditor for FY27.