Hindustan Foods Limited
Code: HNDFDS | Category: Demerger
Type: Demerger
Event Details
| Announcement Date: | February 26, 2026 |
|---|
Demerger Information
| Resulting Entity: | Hindustan Foods Limited |
|---|---|
| Demerged Business: | Contract Manufacturing (Nashik) Business of Avalon Cosmetics Private Limited |
| Remaining Business: | Contract manufacturing of FMCG products comprising primarily of home care, personal care, foods and beverages and job working of shoes, leather products. |
| Demerger Ratio: | 19:100 |
| Listing Exchange: | BOTH |
| Appointed Date: | 2024-04-01 |
| Board Approval: | 2024-09-24 |
| Shareholder Approval: | 2025-10-15 |
| NCLT Approval: | 2026-02-25 |
| Status: | Nclt_approved |
Rationale
Demerger of the Contract Manufacturing (Nashik) Business of ACPL into HFL for better management focus and operational efficiency.
Document
View PDF https://nsearchives.nseindia.com/corporate/9136565850_26022026121444_Intimation_Receipt_of_Order_HFL_signed.pdfDocument
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