Madhusudan Kela

Individual

Named holder in 5 companies · ₹1,711 Cr at today’s prices · latest filings Sep 2026

Also filed as: Madhusudan Murlidhar Kela, Madhusudan Murlidhar Kela .., Madhusudan Murlidhar Kela .…

As of Sep 2026, Madhusudan Kela is a holder of 1% or more in 5 listed companies, with stakes worth about ₹1,711 Cr at current prices. In the latest quarter they fell below 1% in 1 company (SG Finserve); they also cut their stake in 1 company. Their largest holdings by value are Choice International at 7.21%, MKVentures Capital at 74.4% and Windsor Machines at 6.30%.

As of Sep 2026 filingsStakes come from shareholding filings; values use current market prices.How we calculate this

Holdings

Company	Industry	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
Choice International via Madhusudan Murlidhar Kela	Financial Services	–	–	8.93	8.93	7.21	7.21	7.21	7.21	0.00 pp	1,202
MKVentures CapitalPromoter via Madhusudan Murlidhar Kela	Financial Services	74.36	74.36	74.36	74.36	74.36	74.36	74.36	74.36	0.00 pp	286
Windsor Machines via Madhusudan Murlidhar Kela ..	Capital Goods	–	7.71	7.71	7.71	7.48	7.36	6.40	6.30	minus 0.10 pp	192
Simplex Infrastructures via Madhusudan Murlidhar Kela	Construction	–	–	–	–	–	1.21	1.21	1.21	0.00 pp	26
Aptech via Madhusudan Murlidhar Kela	Consumer Services	–	–	–	–	–	1.06	1.06	1.06	0.00 pp	5

Public holdings are disclosed only at 1% or more, so a stake that falls below 1% shows as exited. Fund houses show the total of their schemes that hold 1% or more. Filings don’t include PAN, so different people with the same name are grouped together.