
Acquisitions16 Oct 2026, 05:40 pm
Heritage Foods Completes Acquisition of Heritage Novandie Foods
AI Summary
Heritage Foods Limited has successfully completed the acquisition of an additional 5.60% equity share capital of its subsidiary, Heritage Novandie Foods Limited (HNFL). The equity shares have been credited to Heritage Foods' demat account, increasing its shareholding in HNFL from 94.40% to 100%. Consequently, HNFL is now a wholly owned subsidiary of Heritage Foods, effective October 16, 2026. This move consolidates full ownership and control over the subsidiary's operations.
Key Highlights
- Acquisition of additional 5.60% equity in Heritage Novandie Foods completed.
- Heritage Foods' shareholding in HNFL increased from 94.40% to 100%.
- Heritage Novandie Foods is now a wholly owned subsidiary.
- Acquisition completed on October 16, 2026.
Price Impact
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