Magson Retail

United Friends Ventures LLP acquired 3,89,140 shares of Magson Retail for ₹3.63 Cr at ₹93.25 apiece through an allotment, increasing its stake from 15.56% to 17.80%.

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.