Shareholding22 May 2026, 05:22 pm
Hindustan Foods: Shrinivas V Dempo & Others Increase Stake by 16.58%
AI Summary
Shrinivas V Dempo & Others have acquired additional equity shares in Hindustan Foods Limited, increasing their stake by 16.58%. The acquisition was made through allotment pursuant to a Scheme of Arrangement between Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited. Post-acquisition, the total holding of the acquirer along with PACs is 2,25,89,955 shares.
Key Highlights
- Shrinivas V Dempo & Others acquired 2,00,89,955 equity shares of Hindustan Foods.
- The acquisition increased the total shareholding of the acquirer and PACs to 2,25,89,955 shares.
- The acquisition was a result of an allotment following a Scheme of Arrangement.
- V.S.Dempo Holdings Private Limited acquired 1,28,99,157 shares, increasing their stake to 10.63%.
- Vassudeva Dempo Family Private Trust acquired 57,94,994 shares, raising their stake to 4.78%.
Price Impact
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