Quarterly Result16 Jul 2026, 04:25 pm
Heritage Foods Declares Un-Audited Q1 FY27 Results
AI Summary
Heritage Foods Ltd announced its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the limited review report from statutory auditors. Additionally, the company is proceeding with two significant acquisitions: an additional 20% equity stake in its subsidiary M/s. Peanutbutter and Jelly Limited (PBJL), increasing its shareholding to 71%, and the remaining 5.60% stake in M/s. Heritage Novandie Foods Limited (HNFL), which will make HNFL a wholly-owned subsidiary.
Key Highlights
- Un-audited financial results for Q1 FY27 declared.
- Board approved results and auditor's limited review report.
- Acquiring additional 20% stake in PBJL, raising holding to 71%.
- Acquiring remaining 5.60% stake in HNFL, making it wholly-owned.
- Acquisitions are subject to fulfillment of conditions precedent.
Price Impact
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