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Magson Retail Allots 33.46 Lakh Shares On Warrant Conversion Triggering Open Offer


15 October 2026
Magson Retail & Distribution Ltd.

Allotted 33.46 lakh shares at Rs93.25 on warrant conversion, receiving Rs23.4 crore; paid-up capital rose to 1.85 crore shares with no warrants outstanding. Promoter-group holding rises to 31.39% from 19.73%, triggering open offer managed by Kunvarji Finstock. Context: final tranche resolving pending conversion deadline.


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