Magson Retail And Distribution Limited — Updates, 28-07-2025: Press Release

Magson Retail has acquired Goa-based Magsons Supercentre, expanding its footprint to over 41 stores across four states: Gujarat, Maharashtra, Rajasthan, and Goa. This strategic move boosts combined revenues beyond Rs. 130 Cr. Saibal Banerjee has been appointed CEO, bringing rich experience to lead the company's next growth phase. The Rs. 30 Cr Goa acquisition is viewed as a stepping stone towards a Rs. 300 Cr future, strengthening Magson's position in gourmet, frozen, and lifestyle retail. Expect increased market presence and revenue growth.