Magson Retail

Jennifer Rajesh Francis sold 1,31,000 shares of Magson Retail for ₹2.35 Cr at ₹179.64 apiece, reducing her stake from 1.36% to 0.49%. This is 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.