Magson Retail And Distribution Limited — Important, 09-07-2025: Updates

Magson Retail and Distribution Limited has announced a board meeting on July 12, 2025. The company has closed its "MY CHOCOLATE WORLD" retail store in Ahmedabad due to financial underperformance (turnover of ₹11.33 lakh, contributing 0.17% to FY25 revenue). To optimize resources, it plans to open a new store, "Nasta Bazar," at the same location, expected to start operations soon. This move aligns with Magson's strategic push to expand its retail footprint while improving profitability.