Magson Retail And Distribution Limited — Important, 20-07-2026: Updates

Magson Retail plans to raise ~INR 4 Cr via preferential issues: INR 3 Cr from Convertible Debentures and ~INR 1 Cr from Equity Shares. Funds allocated for working capital & general corporate needs. Shareholders will also vote on re-appointing the MD (up to INR 55 Lakh) and WTD (up to INR 25 Lakh).