Manish Shivnarayan Pancholi sold 1.31 lakh shares of Magson Retail for ₹2.36 Cr at ₹180 apiece in a market sale, reducing his stake from 1.06% to 0.20%.
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.
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