Ganges Securities Acquires Additional Shares in Morton Foods
Filing Summary
On November 18, 2025, Ganges Securities Limited announced the acquisition of 15,00,000 equity shares in Morton Foods Limited for a total consideration of Rs. 3,45,00,000. This transaction was conducted under a rights issue. Following this acquisition, Ganges Securities’ total holding in Morton Foods now amounts to 70,25,000 equity shares, representing 19.68% of Morton Foods’ paid-up equity share capital. This update was communicated in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
On November 18, 2025, Ganges Securities Limited reported the acquisition of 15,00,000 equity shares in Morton Foods Limited. The shares were acquired for an aggregate consideration of Rs. 3,45,00,000 under a rights issue. This information was communicated to the National Stock Exchange of India Ltd. and BSE Ltd. in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Following this transaction, Ganges Securities’ total holding in Morton Foods has increased to 70,25,000 equity shares. This represents 19.68% of Morton Foods’ paid-up equity share capital. The update was provided as a continuation of a previous communication dated November 14, 2025.
Morton Foods Limited is involved in the food processing industry, focusing on the production and distribution of various food products. The company engages in strategic initiatives to expand its market presence and product offerings.
Ganges Securities Limited operates within the investment sector, focusing on strategic investments and holdings in various companies. The company aims to enhance its portfolio through acquisitions and strategic partnerships.