Shareholding23 May 2026, 11:02 am
Hindustan Foods: Sameer Kothari & Others Increase Stake via Allotment
AI Summary
Sameer Kothari and associated parties increased their shareholding in Hindustan Foods Ltd following an allotment of shares under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The allotment is related to the Scheme of Arrangement involving Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited. Post-acquisition, the total shareholding of the acquirers and PACs stands at 5,23,45,515 shares, representing 43.20% of the total share/voting capital.
Key Highlights
- Sameer Kothari & Others acquired shares in Hindustan Foods via allotment.
- The acquisition is linked to a Scheme of Arrangement.
- Post-acquisition, total holding of acquirers is 43.20% of the company.
- Vanity Case India Private Limited now holds 38.88% of Hindustan Foods.
Price Impact
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