Acquisitions5 Jan 2026, 06:11 pm
Heritage Foods Ltd Acquires Majority Stake in Peanutbutter and Jelly Private Limited for Rs. 9 Crores
AI Summary
Heritage Foods Ltd has completed the acquisition of 51% equity share capital of Peanutbutter and Jelly Private Limited from Sky Gate Hospitality Private Limited. The purchase consideration was Rs. 9 Crores, as per the terms of the Share Purchase Agreement. This acquisition makes Peanutbutter and Jelly Private Limited a subsidiary of Heritage Foods Ltd.
Key Highlights
- Heritage Foods Ltd acquires 51% equity share capital of Peanutbutter and Jelly Private Limited
- The purchase consideration was Rs. 9 Crores
- Sky Gate Hospitality Private Limited was the selling party
- Peanutbutter and Jelly Private Limited becomes a subsidiary of Heritage Foods Ltd