Heritage Foods Limited

Heritage Foods Ltd's Board of Directors met on July 16, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026 (Q1 FY27), both standalone and consolidated. The board also reviewed the limited review report from statutory auditors. Key strategic decisions included the acquisition of an additional 20% equity stake in its subsidiary, M/s. Peanutbutter and Jelly Limited (PBJL), increasing the company's shareholding from 51% to 71%. Furthermore, Heritage Foods acquired the remaining 5.60% stake in M/s. Heritage Novandie Foods Limited (HNFL), making it a wholly-owned subsidiary. The meeting commenced at 2:00 pm IST and concluded at 4:00 pm IST.

Heritage Foods Limited announced its un-audited financial results for the quarter ended June 30, 2026, reporting a consolidated revenue of ₹13,381 million, an 18% year-on-year increase, marking its highest-ever quarterly revenue. Despite a challenging industry environment with a 7% YoY increase in milk procurement prices, the company achieved 2% YoY growth in milk procurement volumes by prioritizing farmer engagement. Value-added products (VAP) contributed a record 44% of revenue, with significant volume growth in Paneer (+33%), Curd (+26%), Buttermilk (+60%), Lassi (+98%), and Ice Cream (+25%). The ice cream business, including GETAWAY, grew 65% YoY to ₹550 million. Strategic investments included acquiring full ownership of Heritage Novandie Foods Limited and increasing its stake in Peanut Butter and Jelly Limited to 71%.

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.

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.

Heritage Foods Ltd announced that Ms. Brahmani Nara, Executive Director, has been recognized in Fortune India's Most Powerful Women 2026. The award ceremony took place in Mumbai on July 10, 2026. This recognition highlights her leadership and contributions to developing a purpose-led, future-ready dairy and nutrition business. Ms. Nara expressed her gratitude, attributing the success to the entire Heritage Foods family, including farmers, employees, partners, and consumers, emphasizing their collective journey built on trust, empathy, innovation, and long-term value creation.

Heritage Foods Ltd has announced that its Board of Directors will convene on July 16, 2026, to consider and approve the Un-Audited Financial Results for the quarter ended June 30, 2026. The meeting will also review the Limited Review Report from the statutory auditors for these results. Concurrently, the company has closed its trading window from July 1, 2026, until 48 hours after the declaration of the financial results.

Heritage Foods Ltd has responded to a news item regarding a notice from FSSAI concerning the use of the word "Fresh" on its paneer product. The company clarified that FSSAI issued a letter on June 30, 2026, seeking an explanation for the "Fresh" label. Heritage Foods submitted a detailed reply on July 02, 2026, explaining that "Fresh" is used to distinguish the product from frozen paneer. The company emphasized that the notice does not question the quality, safety, or standards of its paneer. Heritage Foods maintains high standards of quality and compliance and believes the matter has no material impact on its business operations or financial performance. The company also stated that the FSSAI letter is not a material event requiring disclosure under SEBI regulations.

Heritage Foods Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report, which is part of the 34th Annual Report, details the company's corporate identity, registered and corporate addresses, and contact information for queries. It outlines business activities, primarily focused on milk procurement, processing, and manufacturing of value-added dairy products, accounting for 99.98% of turnover. The company operates 15 plants and 190 supporting units across 13 states in India, serving over 10 million consumers daily. The BRSR also includes employee details and notes that the company has voluntarily obtained Limited Assurance on BRSR Core disclosures from M/s. Grant Thornton Bharat LLP.

Heritage Foods Ltd has released its 34th Annual Report for the Financial Year 2025-26. The report details the company's performance, strategic pillars, financial statements, and corporate governance. The Annual General Meeting (AGM) is scheduled for July 23, 2026, to be held via Video Conferencing. The report is available on the company's website and has been sent electronically to shareholders. It also highlights the company's strategy to move away from raw milk volatility and create consumer value.

Heritage Foods Ltd has announced its 34th Annual General Meeting (AGM) will be held on July 23, 2026, at 10:00 AM IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting will transact business including the adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of a final dividend of 50% (₹2.50 per equity share), and the re-appointment of a director retiring by rotation. The AGM notice and Annual Report for FY 2025-26 are being sent electronically to members on June 25, 2026.