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

Magson Retail and Distribution's board has approved several key appointments. M/s. H D Panchal & Co. was named Internal Auditor for FY2025-26, and M/s Kunal Sharma & Associates as Secretarial Auditor for five years, pending shareholder nod. Mr. Amar Jayendrakumar Kayasatha was appointed Senior Managerial Personnel (Head of Operations – Vertical). Additionally, Mr. Sudhirkumar Bhagwatilal Shah joined as an Independent Director for five years, also subject to shareholder approval. The board adopted an Employee Stock Option Scheme (MRDL ESOS 2025) for up to 4,50,000 options to align employee interests and drive growth, subject to shareholder consent. The 7th Annual General Meeting arrangements were also finalized.