Palash Securities Ltd.
79.67
INR
-2.06
(-2.52%)
ISIN
INE471W01019
Return %
Stock
S&P 500
1Y
-34.11
14.20
3Y
-30.24
81.12
5Y
8.03
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Suraj Kumar Agrawal
- Full Time Employees
- 1
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Birla Building Kolkata WB India 700001
- IPO Date
- Jul 28, 2017
- Website
- birla-sugar.com
- Similar Companies
- Business
- Palash Securities Limited, an India-based core investment company within the K K Birla Group, engages in investing and dealing in securities, immovable properties, and food processing through its subsidiaries; its core activities encompass interest income from inter-corporate and bank deposits, dividend income from shares and securities, and production of packaged food items including canned fruits and vegetables, jams, jellies, marmalades, squashes, juices, tomato ketchup, puree, sauce, vegetable sauces, and breakfast cereals such as cornflakes, chocos, and white oats under the Morton brand. The company operates primarily in India with international reach in food processing, headquartered in Kolkata at Birla Building, 9/1 R.N. Mukherjee Road, and founded in 2015 pursuant to a composite scheme of arrangement that transferred the investment and food processing undertakings from The Oudh Sugar Mills Ltd. Its subsidiaries include wholly-owned entities OSM Investment & Trading Company Limited, Hargaon Investment & Trading Company Limited, and Champaran Marketing Company Limited, all registered non-banking financial companies focused on investments, as well as Morton Foods Limited (formerly Allahabad Canning Ltd), the key food processing arm, and step-down subsidiary Hargaon Properties Ltd for property investments. Recent developments include approval at the 11th Annual General Meeting in September 2025 to sell up to 744,700 equity shares in Morton Foods Limited, its material subsidiary, to related parties Ganges Securities Limited and Uttam Commercial Limited at INR 25 per share for an aggregate of INR 18.617 million during FY 2025-26, potentially reducing shareholding below 50% or ceasing control; ongoing related party transactions with Morton Foods involving inter-corporate deposits up to INR 150 million from entities including Ganges Securities and Yashovardhan Investment & Trading Co. Ltd; and a board meeting held on November 13, 2025, alongside consolidated net sales of INR 25.43 crore for September 2025, up 62.34% year-over-year despite quarterly net losses.