- CEO
- Ashok Shivji Chothani
- Full Time Employees
- 9
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Dhamji Shamji Corporate Square Mumbai MA India 400075
- IPO Date
- Aug 22, 2017
- Business
- Chothani Foods Ltd. manufactures and supplies blended spices, whole spices, and ground spices in India. The company offers approximately 30 types of products under the Appu Masala and Gayatri Masala brands, including instant mixes such as Pav Bhaji Masala, Chaat Masala, Tea Masala, Garam Masala, Sambhar Masala, Punjabi Chole Masala, Biryani/Pulav Masala, and Kitchen King Masala; various powders such as Red Chili Powder, Jeera Powder, White Pepper Powder, and Turmeric Powder; and others including white pepper, dry mango powder, black pepper powder, coriander powder, garlic powder, cumin powder, ginger powder, and vegetable powders. Chothani Foods operates primarily in the food processing sector, targeting domestic customers through its manufacturing facility and serving the Indian market exclusively.
Founded in 1975 and headquartered in Mumbai, Maharashtra, the company, formerly known as Ashok Masala Mart Ltd., changed its name in March 2018 and listed on the BSE SME platform in August 2017. It maintains a lean operational structure with low debt levels and focuses on traditional Indian spice production without reported subsidiaries or parent entities.
In recent developments, Chothani Foods approved audited financial results for the fiscal year ended March 31, 2025, reporting net profit of 13.61 lakh rupees with an unmodified audit opinion; appointed Krutika Manoj Bhanushali as Company Secretary and Compliance Officer, Sharatkumar Shetty & Associates as Secretarial Auditor, and Gupta Rustagi & Co. as Statutory Auditors; confirmed non-applicability of SEBI Large Corporate norms due to minimal borrowings of 1.41 crore rupees; doubled its equity capital to 10.36 crore rupees; and scheduled its 11th Annual General Meeting while updating disclosure authorities under SEBI regulations.