SIL Investments has received approval for investment of an amount not exceeding Rs 2.82 crore (rounded off) in Morton Foods. Morton Foods operates in the business of canned fruits and vegetables sector and offers a diverse range of products, including jams, ketchup, juices, and ready-to-eat meals. The said transaction is expected to be completed on or before November 30, 2024. The Finance and Corporate Affairs Committee (the Committee) of the Company at their meeting held on November 19, 2024, have considered and approved the same.
SIL Investments operates its business as an investment company, future of which largely depends upon financial and capital markets.
