Palash Securities

Palash Securities Limited, a part of the K K Birla Group, is primarily an investment firm that holds majority investments in its various group companies. The company's philosophy denotes that management accepts the inalienable rights of shareholders as the true owners of the organization and acts as their trustees on their behalf. It maintains a strong legacy of fair and transparent governance, committed to upholding core values of integrity, passion, responsibility, quality, and respect in all its dealings. The company's business activities, which are carried out through its five wholly-owned subsidiaries, include both investment activities and food processing operations. Its subsidiary, Morton Foods Limited, manufactures and markets a variety of food products like jams, sauces, and cereals under the Morton brand, active since 1959. While it earned a standalone profit of ₹16.36 lakhs, on a consolidated basis for fiscal year 2023-24, the company recorded a loss of ₹1,576.02 lakhs.;