StockWatch
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Dairy Products
Board Meeting16 Jul 2026, 04:16 pm

Heritage Foods Declares Un-audited Q1 FY27 Results

AI Summary

Heritage Foods Ltd announced the outcome of its Board Meeting held on July 16, 2026. The board approved the un-audited financial results (Standalone & Consolidated) for the quarter ended June 30, 2026. Additionally, the company disclosed two significant acquisitions: an additional 20% equity stake in its subsidiary M/s. Peanutbutter and Jelly Limited (PBJL), increasing its shareholding from 51% to 71%, and the remaining 5.60% equity stake in M/s. Heritage Novandie Foods Limited (HNFL), which will make HNFL a wholly-owned subsidiary. The limited review report from the statutory auditors was also taken on record.

Key Highlights

  • Board approved un-audited financial results for Q1 FY27.
  • Acquired additional 20% stake in subsidiary PBJL, raising stake to 71%.
  • Acquired remaining 5.60% stake in subsidiary HNFL, making it wholly-owned.
  • Statutory auditors' limited review report was taken on record.