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At meeting held on 16 July 2026
Heritage Foods board approves acquisition of additional 20% stake in subsidiary
16-Jul-2026, 07:44
The board of Heritage Foods at its meeting held on 16 July 2026 has approved the acquisition of additional 20% stake in M/s. Peanutbutter and Jelly (PBJL) (CIN: U15400MH2022PLC377342), a subsidiary of the Company for a cost of Rs 7.20 crore. With this acquisition, the company's stake in its subsidiary will increase to 71%.
The board of Heritage Foods at its meeting held on 16 July 2026 has approved the acquisition of additional 20% stake in M/s. Peanutbutter and Jelly (PBJL) (CIN: U15400MH2022PLC377342), a subsidiary of the Company for a cost of Rs 7.20 crore. With this acquisition, the company's stake in its subsidiary will increase to 71%.