Manish Shivnarayan Pancholi sold 1,00,000 shares of Magson Retail worth about ₹1.80 Cr through an open-market sale, trimming his stake from 130,100 shares to 30,100 shares. This was the fifth open-market sale by the promoter group in 30 days.
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.
