Modi Naturals Goes Public on NSE: A Major Milestone

Modi Naturals Limited, a leading Indian consumer goods company, lists its shares on the National Stock Exchange of India, gaining wider investor access. The New Delhi-based company has manufacturing operations across India and is expanding into new sectors, including alcohol and ethanol production, under its subsidiary Modi Biotech Pvt. Ltd.

New Delhi [India], December 11: Modi Naturals Limited, a prominent name in the Indian consumer goods sector, has successfully listed its equity shares on the National Stock Exchange of India (NSE) under the symbol MODINATUR. This move complements its existing listing on the BSE, boosting its visibility and investor reach.

Commenting on the development, Mr. Akshay Modi, Joint Managing Director, expressed that the NSE listing is a significant milestone in the company's journey, reflecting its progress toward becoming a resilient, growth-focused organization. The transition aims to enhance operations and governance while executing long-term growth strategies in various business verticals.

Modi Naturals, established in 1974, is known for its differentiated brands in the edible oils and healthy foods sectors. As part of its growth plans, the company is diversifying into alcohol and ethanol manufacturing, aligning with the Ethanol Blended Petrol program. Its newly established greenfield ethanol plant under Modi Biotech Pvt. Ltd. marks a strategic expansion.