Madhusudan Masala Limited

MADHUSUDAN

INE0P6701019

Food Processing

End-of-day quote NSE India S.E. Other stock markets 23:00:00 01/07/2024 BST			5-day change	1st Jan Change
173.4 ^INR	+6.91%		+6.71%	+42.31%

06-13	Madhusudan Masala Limited Announces Resignation of Hasmukhbhai Ishwarlal Hindocha as Independent Director	CI
05-02	India widens spices crackdown with nationwide checks on all manufacturers	RE

Madhusudan Masala Limited executed binding terms sheet to acquire Vitagreen Products Private Limited from RNG Finlease PVT Ltd.

February 13, 2024

Madhusudan Masala Limited (NSEI:MADHUSUDAN) executed binding terms sheet to acquire Vitagreen Products Private Limited from RNG Finlease PVT Ltd on February 14, 2024. As of March 31, 2023, Vitagreen Products Private Limited reported turnover of INR 210 million.

Latest news about Madhusudan Masala Limited

Madhusudan Masala Limited Announces Resignation of Hasmukhbhai Ishwarlal Hindocha as Independent Director	06-13	CI
India widens spices crackdown with nationwide checks on all manufacturers	05-02	RE
Madhusudan Masala Limited executed binding terms sheet to acquire Vitagreen Products Private Limited from RNG Finlease PVT Ltd.	02-13	CI
Madhusudan Masala Limited has completed an IPO in the amount of INR 238 million.	22/09/23	CI

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Company Profile

Madhusudan Masala Limited is an India-based company, which is engaged in the business of manufacturing and processing of approximately 32 types of spices under the brand names of DOUBLE HATHI and MAHARAJA. It also sells products, including whole spices, tea and other grocery products, which include rajgira flour, papad, soya products, asafetida, achar masala, sanchar, sindhalu, katlu powder, kasuri methi and others under the brand name of DOUBLE HATHI. Its range of spices includes ground spices, which comprises of various varieties of chilli powder, turmeric powder, coriander powder and coriander cumin powder; and blend spices, which comprises of garam masala, tea masala, chhole masala, sambhar masala, pav bhaji masala, pani puri masala, sabji masala, kitchen king masala, chicken masala, meat masala, chatpata chat masala, butter milk masala, chewda masala, dry ginger powder, black pepper powder, dry mango powder and other. It also deals in whole spices in retail and bulk quantities.

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Food Processing

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Sector Other Food Processing

	1st Jan change	Capi.
MADHUSUDAN MASALA LIMITED	+42.31%	25.07M
NESTLÉ S.A.	-5.12%	266B
MONDELEZ INTERNATIONAL, INC.	-8.84%	87.51B
DANONE	-1.50%	39.82B
KRAFT HEINZ	-13.47%	38.69B
THE HERSHEY COMPANY	-0.96%	36.9B
GENERAL MILLS, INC.	-3.02%	35.33B
ARCHER-DANIELS-MIDLAND COMPANY	-13.97%	29.98B
NESTLÉ INDIA LIMITED	-4.30%	29.66B
ASSOCIATED BRITISH FOODS PLC	+4.18%	23.43B