- CEO
- Sudipta Chakraborty
- Full Time Employees
- 2
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Four Mangoe Lane Kolkata WB India 700001
- IPO Date
- Nov 7, 1995
- Business
- Williamson Magor & Co. Limited operates as a non-banking financial company in India, engaging in investment activities, lending to corporate bodies, and property ownership; it generates revenue from interest income, dividends, rentals, and service sales. The company holds substantial investments in group entities including McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, and McNally Bharat Engineering Company Limited, along with associate companies Majerhat Estates & Developers Limited and Williamson Financial Services Limited, and joint venture D1 Williamson Magor Bio Fuel Limited, whose projects remain suspended due to unviable operations. Incorporated in 1949 as Macneill & Barry Limited and renamed Williamson Magor & Co. Limited in 1992 following a strategic shift from tea manufacturing and trading to pure investment focus, it is headquartered at Four Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata, India, and listed on the Bombay Stock Exchange and National Stock Exchange. Recent developments include multiple board changes with resignations of directors such as Debasish Lahiri effective July 29, 2025, Sukesh Dolui, Suvrakanta Mukhopadhyay, and Tapas Guha, alongside appointments of Lopamudra Chatterjee, Amit Dey, Sonali Datta Sarkar, Ashim Kumar Mookherjee, and Tabrez Ahmed; the Reserve Bank of India cancelled its NBFC registration in 2022, prompting a legal challenge via writ petition in the Calcutta High Court; an ICC arbitral award in September 2025 mandates group firms including affiliates to pay Rs 509 crore in a 2017 loan dispute with Touch Finance and ID Trusteeship; NCLT Kolkata dismissed a CIRP petition against the company on November 13, 2025; and a settlement agreement in May 2023 resolved disputes over 995 non-convertible debentures issued to IL&FS entities, absolving further obligations after property transfers.