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Company Information

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MADHUSUDAN MASALA LTD.

09 April 2026 | 12:00

Industry >> Food Processing & Packaging

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ISIN No INE0P6701019 BSE Code / NSE Code / Book Value (Rs.) 70.35 Face Value 10.00
Bookclosure 52Week High 190 EPS 9.86 P/E 15.72
Market Cap. 236.14 Cr. 52Week Low 109 P/BV / Div Yield (%) 2.20 / 0.00 Market Lot 1,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally formed as a partnership firm registered under the Indian Partnership Act, 1932 with Registrar of Firms, Gujarat in the name and style of "M/s. Madhusudan & Co.", pursuant to a deed of partnership entered between Dayalji Vanravan Kotecha and Vijaykumar Vanravan Kotecha in 1982. Further "M/s. Madhusudan & Co." was converted from partnership firm to a Private Limited Company under Part I of chapter XXI of the Companies Act, 2013 in the name of "Madhusudan Masala Private Limited" vide Certificate of Incorporation dated December 14, 2021, bearing registration No. 127968 issued by Registrar of Companies, Central Registration Centre and CIN No. U15400GJ2021PTC127968. Subsequently the Company was converted into a public limited company vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on April 15 2023 and consequently the name of the Company was changed from "Madhusudan Masala Private Limited" to "Madhusudan Masala Limited" vide fresh Certificate of Incorporation granted to the Company consequent upon conversion into public limited company dated April 29, 2023 by the Registrar of Companies, Ahmedabad bearing Corporate Identification Number U15400GJ2021PLC127968. Dayalji Vanravan Kotecha and Vijaykumar Vanravan Kotecha were the initial subscribers to the Memorandum of Association of the Company.

Major events and milestones of the Company :
1982
- Established Partnership firm in the name of M/s. Madhusudan and Co.

2000
- Received AGMARK certification for the spices from Agriculture Produce (Grading and marketing) Act, 1937

2003
- Launched "MAHARAJA" brand for sale of spices like Chilli Powder.

2015
- Started current manufacturing unit situated at Industrial Area Hapa, Near Jamnagar. Got HACCP, ISO 9001 and ISO 22000 certifications for this factory unit

2016
- Received FSSAI License

2021
- Conversion of Partnership Firm into Company in the name of "Madhusudan Masala Private Limited"

2022
- Initiated set up of multi commodity agri products cold storage with capacity of 4029 MT.

2023
- Conversion of Private Company to Public Limited Company

2024
-The company has been awarded the ZED Gold Certificate under the MSME Sustainable (ZED) Certification Scheme by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India.
-The Company has informed the Exchange about Vitagreen Products Private Limited has become wholly owned subsidiary company of Madhusudan Masala Limited.