Investment12 Nov 2025, 06:12 pm
SIL Investments' Subsidiary to Invest Rs. 2.1 Crore in Morton Foods
AI Summary
SIL Investments Ltd. has announced that its subsidiary, RTM Investment and Trading Co. Ltd., plans to invest an amount not exceeding Rs. 2,10,00,000/- (Rupees Two Crore and Ten Lakhs only) in Morton Foods Limited. This investment will be made through the acquisition of equity shares in Morton Foods Limited, which is an unlisted company. The investment is being made pursuant to the rights issue, including any additional shares that may be offered by Morton Foods Limited.
Key Highlights
- SIL Investments' subsidiary, RTM Investment and Trading Co. Ltd., to invest in Morton Foods Limited
- Investment amount not exceeding Rs. 2.1 Crore
- Investment through acquisition of equity shares in Morton Foods Limited
- Investment pursuant to the rights issue
- Morton Foods Limited is an unlisted company