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SILINV

SIL Investments to Provide Unsecured Loan to Morton Foods

Source |10:23 16 Jun 25

regulatory filings corporate actions insider transactions

SIL Investments Limited's board approved granting an unsecured loan of up to ₹15 crore to Morton Foods Limited.
The loan is extended in the ordinary course of business and on an arm's length basis.
Morton Foods Limited is a related party.
The transaction, classified as a Material Related Party Transaction, has been approved by the Audit Committee and is subject to shareholder approval.

SILINV

SIL Investments Reports FY25 Results, Recommends ₹2.50 Dividend, Appoints Secretarial Auditors

Source |07:57 05 May 25

results corporate actions board changes

SIL Investments Limited's Board of Directors, at their meeting held on 5th May 2025, considered and approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2025.

Key highlights from the results include:

Standalone FY25: Total Income stood at ₹45.83 crore, Profit Before Tax was ₹34.25 crore, and Profit After Tax for the period was ₹26.49 crore. Basic and Diluted Earnings Per Share (EPS) was ₹25.00.
Consolidated FY25: Total Income was ₹56.34 crore, Profit Before Tax was ₹41.89 crore, and Profit After Tax for the period was ₹31.28 crore. Basic and Diluted EPS was ₹29.19.

The Board has recommended a dividend of ₹2.50 (25%) per equity share of ₹10/- each for the financial year ended 31st March 2025. This recommendation is subject to approval by the shareholders at the ensuing 91st Annual General Meeting (AGM). If approved by the shareholders, the dividend will be paid within the prescribed time after the conclusion of the 91st AGM.

Additionally, the Board approved the appointment of M/s. CSM & Co., Company Secretaries, as Secretarial Auditors of the Company for a period of five consecutive years, commencing from FY 2025-26 to 2029-30. This appointment is also subject to the approval of the shareholders of the Company.

SILINV

SIL Investments to Invest in Morton Foods Limited

Source |03:24 28 Apr 25

corporate actions insider transactions

SIL Investments Limited's board approved an investment of up to Rs. 2.42 crore in Morton Foods Limited (MFL), an unlisted company, on 28 Mar 25. The equity shares will be acquired from the promoters of MFL.

Key details of Morton Foods Limited:

Equity Share Capital (as of 31 Mar 24): Rs. 21.10 crore
Turnover (year ended 31 Mar 24): Rs. 35 crore
Industry: Fast-Moving Consumer Goods (FMCG)
The transaction qualifies as a related party transaction as the shares are being acquired from promoters who are also promoters of SIL Investments Limited; the transaction will be done at arm’s length.
The acquisition is expected to be completed on or before 31 Mar 25 and will be against cash consideration.
Approx. 3.10% of shareholding will be acquired, resulting in a cumulative holding of 6.71%.
MFL, incorporated on 19 Mar 15, operates in the consumer goods sector, offering products like jams, ketchup, juices, canned fruits & vegetables, and ready-to-eat meals, with presence only in India.
Turnover for the past three financial years:
- 2023-24: Rs. 35 crore
- 2022-23: Rs. 45.28 crore
- 2021-22: Rs. 50.79 crore