Heritage Foods Limited has provided an update on its proposed acquisition of a 5.60% equity share capital in its subsidiary, Heritage Novandie Foods Limited (HNFL). The transfer of these shares is currently in progress and is expected to be completed within the next 45 days from the announcement date. The company will continue to monitor and update on the transaction’s status.
Acquisition Progress Update
Heritage Foods Limited has issued an update regarding its ongoing plan to further acquire equity in its subsidiary, Heritage Novandie Foods Limited (HNFL). This communication follows a previous disclosure made on July 16, 2026, which detailed the proposed acquisition of an additional 5.60% stake in HNFL.
Share Transfer Underway
The company confirms that the transfer process for the aforementioned equity shares is actively underway. The completion of this transaction is anticipated within a timeframe of 45 days from the date of this communication. Heritage Foods Limited stated it will maintain vigilance over the transaction’s progress and will furnish further updates as and when they become available.
Regulatory Compliance
This intimation is made in accordance with applicable regulations. The company requests that this information be duly recorded and made available on the exchange’s website.
Source: BSE
