Announced Thu, 22 Oct, 2026 · 17:56 IST
NSE approves reclassification of promoter group member to public category
MAGSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Magson Retail and Distribution Limited received a No Objection Letter from NSE to reclassify Mr. Maheshbhai Naranbhai Patel from the Promoter Group category to the Public category under SEBI Listing Regulations 2015. He holds 850 equity shares, which is about 0.01 percent of the company. The company had applied for this reclassification on July 20, 2026, and NSE granted approval on October 21, 2026.
Likely market impact
Minimal impact for shareholders. The reclassification involves only 850 shares (about 0.01 percent), so there is no material change in promoter or public holding.