Magson Retail And Distribution Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting

Magson Retail and Distribution Limited has announced a board meeting on May 24, 2025, approving its audited consolidated financial results for the half-year and full year ended March 31, 2025, with a clean audit opinion. The company appointed Mr. Saibal Chandra Banerjee as CEO, leveraging his 26 years of retail and FMCG experience from Dabur India and Spencer’s Retail. No dividend or capital raising plans were disclosed. The board also updated its insider trading disclosure policies to enhance compliance.