Magson Retail promoters hold 44.44 lakh shares, no encumbrance in FY26
Magson Retail and Distribution Limited disclosed that promoters held 44,43,994 equity shares as of March 31, 2026, with no encumbrance reported during FY26. The filing under SEBI Regulation 31(4) lists 29 individuals and entities as promoters or promoter group members.
*this image is generated using AI for illustrative purposes only.
Magson Retail and Distribution Limited has filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated April 04, 2026, was submitted by Rajesh Emmanuel Francis, a promoter and representative of the Promoters Group.
The declaration confirms that the promoters and persons acting in concert held a total of 44,43,994 equity shares of the company as on March 31, 2026. It further states that no encumbrance of these equity shares was made, directly or indirectly, during the financial year ended March 31, 2026.
Promoter and Promoter Group Details
The disclosure provides a comprehensive list of entities and individuals falling under the promoter and promoter group categories. The table below outlines the specific classification of each member associated with the filing.
| Name of Entity/Person | Category |
|---|---|
| Rajesh Emmanuel Francis | Promoter |
| Jennifer Rajesh Francis | Promoter |
| Manish Shivnarayan Pancholi | Promoter |
| United Friends Ventures LLP | Promoter Group |
| Angel Rajesh Francis | Promoter Group |
| Joitaram S Patel | Promoter Group |
| Mann Manish Pancholi | Promoter Group |
| Chintankumar Dashratbhai Patel | Promoter Group |
| Ashwin Ratilal Thummar | Promoter Group |
| Yogeshkumar Natvarlal Pethani | Promoter Group |
| Nidhi Manish Pancholi | Promoter Group |
| Anil Natvarlal Pethani | Promoter Group |
| Tarun Mahendrabhai Koria | Promoter Group |
| Rakesh Kumar Thumar | Promoter Group |
| Rekha Tarunbhai Koria | Promoter Group |
| Seemaben Jitendra Chaudhry | Promoter Group |
| Nirav Jitendra Choudhry | Promoter Group |
| Jitendra Choudhry | Promoter Group |
| Pareshbhai Kalidas Shah | Promoter Group |
| Maheshbhai Naranbhai Patel | Promoter Group |
| Mitulkumar Dashrathbhai Patel | Promoter Group |
| Janushi Nirav Choudhry | Promoter Group |
| Shraddha Tejash Shah | Promoter Group |
| Maheshkumar Nathusing Lodha | Promoter Group |
| Saumil Pareshbhai Shah | Promoter Group |
| Jay Nitinbhai Patel | Promoter Group |
| Ranjan Nitinbhai Patel | Promoter Group |
| Rajendra Pratap Maganlal | Promoter Group |
The submission was addressed to the Manager-Listing Department of the National Stock Exchange of India Ltd to update official records regarding the company's shareholding structure.
Historical Stock Returns for Magson Retail & Distribution
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.41% | -6.15% | -8.20% | +45.64% | +34.40% | +75.55% |
Will Magson Retail and Distribution's promoters consider increasing their stake beyond the current 44,43,994 shares through open market purchases or preferential allotments in the near future?
How might the large and fragmented promoter group structure impact Magson Retail's corporate governance and decision-making efficiency going forward?
Could the absence of any share encumbrance signal that promoters are positioning for potential fundraising or strategic partnerships in the upcoming fiscal year?
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