Latest news about Palash Securities
Palash Securities
101.17
+3.11(+3.17%)
Company Performance:
View Company Insights1D+3.17%
1M+5.64%
6M-12.96%
1Y-20.05%
5Y+75.95%
More news about Palash Securities
04Feb 26
Palash Securities Limited Schedules Board Meeting for February 13, 2026 to Review Q3 FY26 Financial Results
Palash Securities Limited has scheduled a board meeting for February 13, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting will review both standalone and consolidated financial statements in compliance with SEBI Regulation 29. The company has formally notified NSE and BSE about this scheduled board meeting.
18Nov 25
Morton Foods Completes Rights Issue, Ceases to be Material Subsidiary of Palash Securities
Morton Foods Limited, formerly a material unlisted subsidiary of Palash Securities Limited, completed a rights issue raising Rs. 10.26 crores. Palash Securities did not participate, resulting in their shareholding in Morton Foods decreasing to 44.95%. Consequently, Morton Foods is no longer a material unlisted subsidiary of Palash Securities. The rights issue involved allotting 44,61,454 shares at Rs. 23 per share, with a face value of Rs. 10 and a premium of Rs. 13.
14Nov 25
Palash Securities Reports Consolidated Net Loss of ₹274.19 Lakhs in Q2 FY26
Palash Securities Limited reported a consolidated net loss of ₹274.19 lakhs for Q2 FY26, an improvement from ₹296.16 lakhs loss in Q2 FY25. Total income increased by 62.74% to ₹2,563.26 lakhs, but expenses also rose by 60.73%. The investing business segment showed a profit of ₹325.84 lakhs, while the food processing segment reported a loss of ₹343.95 lakhs. The company's subsidiary, Morton Foods Limited, continues to face financial challenges with a net loss of ₹429.16 lakhs.
07Nov 25
Morton Foods, Subsidiary of Palash Securities, Strengthens Leadership with New CFO and Independent Director
Palash Securities Limited's subsidiary, Morton Foods Limited, has appointed Nirmal Kumar Sharma as CFO effective November 6, 2025, and Ashishkumar Harimohan Srivastava as Additional Director (Independent Category) effective November 7, 2025. Sharma, a Chartered Accountant with over 15 years of experience, will oversee finance and strategic budgeting. Srivastava, with an MBA and 25 years of experience in the textile industry, joins the board for a five-year term, subject to shareholder approval. These appointments aim to enhance Morton Foods' financial leadership and strategic decision-making capabilities.
07Aug 25
Morton Foods CFO Shravan Kumar Jain Resigns, Citing Personal Reasons
Shravan Kumar Jain, CFO of Morton Foods Limited, a material unlisted subsidiary of Palash Securities Limited, will resign effective August 7, 2025. The resignation, citing personal reasons, was accepted by Morton Foods' Board of Directors. Palash Securities disclosed this information in compliance with SEBI regulations, stating no other material reasons for the departure beyond those mentioned in Jain's resignation letter.
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