Promoters Rishit Kotecha and Hiren Kotecha bought 7,45,000 shares of Madhusudan Masala for ₹10.11 Cr at ₹135.75 apiece, raising their stake from 16.28% to 17.91% through a preferential offer.
A spice manufacturer and trader established in 1982, Madhusudan Masala produces and distributes a comprehensive range of masalas and related food products for domestic and commercial customers. The company operates across the entire value chain, including procurement, processing, packaging, and distribution of spices. It serves both retail consumers and bulk buyers, maintaining a presence in India's competitive spice products sector.
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