Heritage Foods Approves Q1 FY27 Un-Audited Results, Boosts Stake in Subsidiaries

Heritage Foods Ltd's Board of Directors met on July 16, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026 (Q1 FY27), both standalone and consolidated. The board also reviewed the limited review report from statutory auditors. Key strategic decisions included the acquisition of an additional 20% equity stake in its subsidiary, M/s. Peanutbutter and Jelly Limited (PBJL), increasing the company's shareholding from 51% to 71%. Furthermore, Heritage Foods acquired the remaining 5.60% stake in M/s. Heritage Novandie Foods Limited (HNFL), making it a wholly-owned subsidiary. The meeting commenced at 2:00 pm IST and concluded at 4:00 pm IST.