Magson Retail And Distribution Limited — Insider Trade, 04-07-2025: Insider/ Institutional Trade
04-07-2025 | 06:22 pm
04-07-2025 | 06:22 pm
United Friends Ventures LLP, part of the promoter group of Magson Retail and Distribution Limited, has converted 9.25 lakh convertible warrants into equity shares, acquiring an additional 9.25 lakh shares. This allotment increased the total share capital from Rs. 7.85 Cr (7.85 lakh shares) to Rs. 9.78 Cr (9.775 lakh shares). Post-allotment, the diluted share capital stands at Rs. 18.45 Cr (1.845 crore shares). This move significantly boosts the promoter group’s holding, signaling increased promoter confidence in the company.
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