Magson Retail

Rajesh Emmanuel Francis sold 1.25 lakh shares of Magson Retail for ₹2.25 Cr at ₹180 apiece via a market sale. This transaction reduced his promoter stake in the company from 2.68% to 1.85%.

A retail distribution company operating a chain of stores across India, Magson Retail specializes in packaged foods and consumer goods. The company manages retail operations through company-owned outlets while collaborating with suppliers to deliver products to consumers nationwide. Incorporated in 2018, it operates as a distribution and retail intermediary in India's packaged foods sector, connecting manufacturers with end consumers through its store network.