Magson Retail And Distribution Limited — Others, 22-08-2025: Appointment

Magson Retail and Distribution Limited's Board made several key appointments and approvals. It appointed M/s. H D Panchal & Co. as Internal Auditor for FY 2025-26 and designated Mr. Amar Jayendrakumar Kayasatha as Senior Managerial Personnel (Head of Operations). Pending shareholder approval, M/s Kunal Sharma & Associates will serve as Secretarial Auditor for five years, and Mr. Sudhirkumar Bhagwatilal Shah joins as an Additional Independent Director for five years. The Board also approved convening its 7th Annual General Meeting and adopted the MRDL Employee Stock Option Scheme 2025 for up to 4,50,000 options, convertible to ₹10 face value equity shares, aiming to attract and retain talent while aligning employee interests with company growth.