Ganges Securities Limited — Important, 27-06-2025: Updates

Ganges Securities has announced a board meeting to approve up to Rs. 15 Cr unsecured loan/investment in Morton Foods Limited and plans to buy 6.7 lakh equity shares in MFL, increasing its stake to 19.84%. Additionally, it will invest up to Rs. 13 Cr to acquire up to 2 lakh shares in Chambal Fertilisers, raising its holding to 0.61%. Both investments are at arm’s length and aimed at expanding presence in the FMCG and fertilizer sectors without seeking control.