SIL Investments Boosts Stake in Morton Foods to 8.85% via Rights Issue

1 min read     Updated on 18 Nov 2025, 06:55 PM
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Jubin VergheseScanX News Team
Overview

SIL Investments Limited has increased its stake in Morton Foods Limited through a rights issue subscription. The company acquired 10,61,454 shares at a cost of Rs. 2,44,13,442, bringing its total holding to 31,58,466 shares, representing an 8.85% ownership. The transaction was made in cash as part of SIL Investments' ordinary course of business. The disclosure was made in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

SIL Investments Limited has significantly increased its stake in Morton Foods Limited through a recent rights issue subscription, as disclosed in a regulatory filing on November 18, 2025.

Key Details of the Transaction

Aspect Details
Shares Acquired 10,61,454
Acquisition Cost Rs. 2,44,13,442
New Total Holding 31,58,466
Revised Ownership Percentage 8.85%

Transaction Insights

SIL Investments Limited, in a communication to the stock exchanges, revealed that it had received an intimation from Morton Foods Limited (MFL) regarding the allotment of additional shares. This allotment was part of a rights issue, including extra shares offered by MFL.

The company stated that the acquisition was made in cash as part of its ordinary course of business. The newly acquired shares are expected to be credited to SIL Investments' demat account.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to inform stock exchanges about material events that may have a bearing on the company's performance or operations.

Implications

This strategic move by SIL Investments to increase its stake in Morton Foods could signal confidence in the latter's growth prospects. However, the specific reasons for this investment decision or any potential plans for further involvement in Morton Foods' operations were not disclosed in the filing.

Investors and market watchers may want to keep an eye on both companies to see how this increased stake might influence their respective business strategies and market performances in the coming months.

Historical Stock Returns for SIL Investments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-3.67%-13.23%-8.88%-19.77%+307.84%
SIL Investments
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SIL Investments Reports Strong Q2 Performance, Approves Investment in Morton Foods

1 min read     Updated on 12 Nov 2025, 02:15 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

SIL Investments Limited announced robust Q2 FY2026 results with consolidated total income of ₹2,895.00 lakhs and PAT of ₹1,981.00 lakhs. The company's Board approved an investment of up to ₹2.50 crore in Morton Foods Limited through a rights issue. SIL also paid a final dividend of ₹2.50 per equity share for FY2025, totaling ₹264.90 lakhs.

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*this image is generated using AI for illustrative purposes only.

SIL Investments Limited , a prominent investment company, has announced robust financial results for the second quarter and half-year ended September 30, 2025, alongside a strategic investment decision.

Financial Highlights

The company reported impressive standalone and consolidated results for Q2 FY2026:

Particulars Standalone Q2 FY2026 Consolidated Q2 FY2026
Total Income ₹2,244.00 lakhs ₹2,895.00 lakhs
Profit Before Tax ₹2,010.00 lakhs ₹2,571.00 lakhs
Profit After Tax ₹1,569.00 lakhs ₹1,981.00 lakhs
Earnings Per Share ₹14.81 ₹18.44

The standalone total income was primarily driven by dividend income of ₹2,010.00 lakhs and interest income of ₹289.00 lakhs. On a consolidated basis, the company achieved a total income of ₹2,895.00 lakhs, with significant contributions from dividend and interest income.

Investment in Morton Foods Limited

SIL Investments' Board of Directors has approved an investment of up to ₹2.50 crore in Morton Foods Limited through a rights issue. This investment aligns with SIL's strategy of diversifying its portfolio and tapping into the growing FMCG sector.

Morton Foods Limited, incorporated on March 19, 2015, operates in the Fast-Moving Consumer Goods (FMCG) sector. The company's product portfolio includes canned fruits, vegetables, jams, ketchup, juices, and ready-to-eat meals. Morton Foods reported a turnover of ₹44.66 crore for the financial year 2024-25, showing growth from ₹35.00 crore in 2023-24.

Dividend Announcement

The company has maintained its commitment to shareholder returns. At the Annual General Meeting held on July 29, 2025, members approved a final dividend of ₹2.50 per equity share for the year ended March 31, 2025. This dividend, aggregating to ₹264.90 lakhs, was paid to shareholders in August 2025.

Outlook

SIL Investments' strong financial performance and strategic investment decisions reflect its robust business model and growth-oriented approach. The investment in Morton Foods Limited may potentially enhance SIL's portfolio in the consumer goods sector, aligning with its goal of creating long-term value for shareholders.

As SIL Investments continues to navigate the dynamic investment landscape, its focus on diversification and strategic investments may position it well for sustained growth in the coming quarters.

Note: This article is based on the unaudited financial results and company announcements. Investors are advised to conduct their own research before making investment decisions.

Historical Stock Returns for SIL Investments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-3.67%-13.23%-8.88%-19.77%+307.84%
SIL Investments
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