Modi Naturals Lists on NSE, Expanding Market Presence
Filing Summary
Modi Naturals Limited has announced the listing of its equity shares on the National Stock Exchange (NSE) under the symbol MODINATUR. Already listed on the BSE, this move enhances the company’s visibility and liquidity in the Indian stock market. Established in 1974, Modi Naturals operates four manufacturing facilities across India and has been recognized as the largest processor of rice bran in the country. The company is advancing its growth plans in consumer goods, bulk edible oils, and ethanol manufacturing.
Modi Naturals Limited has announced the listing of its equity shares on the National Stock Exchange of India Limited (NSE). The shares will trade under the symbol MODINATUR. The company is already listed on the BSE, and this new listing is intended to enhance its presence across India’s leading stock exchanges. The listing aims to increase the company’s visibility and liquidity, providing access to a wider investor base.
Established in 1974, Modi Naturals Limited operates four manufacturing facilities located in Pilibhit, Sonipat, Hyderabad, and Chhattisgarh. The company has been recognized as the largest processor of rice bran in India for several years. The NSE listing is part of the company’s strategy to expand its market presence and support its growth initiatives across various business verticals.
The company is advancing its growth plans in key business areas, including consumer goods, bulk edible oils, and its recently announced alcohol and ethanol manufacturing initiatives. Modi Naturals has developed a pan-India distribution network, serving consumers through various online and offline retail channels. The company has created niche, premium brands in the edible oils and healthy foods categories, such as Oleev, Oleev Kitchen, and PIPO foods.
Modi Naturals’ expansion into ethanol manufacturing aligns with the Ethanol Blended Petrol (EBP) program. The company is establishing a state-of-the-art greenfield ethanol plant in Chhattisgarh under its wholly-owned subsidiary, Modi Biotech Pvt. Ltd. This diversification is part of the company’s strategy to leverage opportunities in the ethanol market and contribute to sustainable energy solutions.
The listing on the NSE marks a significant milestone for Modi Naturals, reflecting its progress in building a credible and resilient organization. The company aims to scale its operations with discipline, strengthen governance, and execute its long-term growth strategy. The NSE listing is expected to support these objectives by enhancing the company’s market presence and investor engagement.
Modi Naturals Limited is a leading Indian consumer goods company operating in the wellness and foods category. The company focuses on quality, innovation, product differentiation, and brand building to stand out in the competitive retail market. Modi Naturals is committed to manufacturing and marketing world-class food products in India and is poised for growth across its three business verticals: consumer goods, bulk edible oil and feeds, and alcohol manufacturing.