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Magson Retail and Distribution is in the retail business of selling frozen food, gourmet food products and imported food products. The Company operates the retail stores through its own stores, jointly own stores and franchise model under its brand name
UNITED FRIENDS VENTURES LLP increased its holding by acquiring 389,140 equity shares through the conversion of warrants. This transaction was executed via a preferential allotment. Each new share has a face value of Rs. 10, enhancing their overall stake in the company.