
Acquisitions27 Jul 2026, 04:51 pm
Heritage Foods Completes 71% Acquisition of Peanutbutter and Jelly Limited
AI Summary
Heritage Foods Limited has announced the successful completion of its acquisition of an additional 20% equity share capital in Peanutbutter and Jelly Limited (PBJL). The shares have been credited to Heritage Foods' demat account as of July 27, 2026. This transaction increases Heritage Foods' stake in PBJL to 71%, making PBJL a subsidiary of the company. The acquisition was initially approved and communicated on July 16, 2026.
Key Highlights
- Heritage Foods acquired an additional 20% stake in PBJL.
- PBJL is now a 71% subsidiary of Heritage Foods.
- Acquisition completion date is July 27, 2026.
- The transaction was previously approved on July 16, 2026.
Price Impact
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