Heritage Foods519552Deal closure update
Additional 5.60% stake in Heritage Novandie Foods credited; HNFL now a wholly owned subsidiary
Heritage Foods completed acquisition of an additional 5.60% equity share capital of Heritage Novandie Foods Ltd.
By ScoutQuest · · 1 min read
100%+5.6 pp
Before94.40%After100%
- Additional stake acquired
- 5.60% equity share capital of Heritage Novandie Foods Ltd
- Shareholding before
- 94.40%
- Shareholding after
- 100%; HNFL is now a wholly owned subsidiary
What the company informed the exchanges
- The update is an update on the acquisition of an additional 5.60% of the equity share capital of M/s. Heritage Novandie Foods Limited (HNFL), a subsidiary of the company.
- The equity shares forming part of that acquisition have been credited to the company's demat account on October 16, 2026.
- As a result, the update states the acquisition has been completed.
- The company's shareholding in HNFL has increased from 94.40% to 100%.
- HNFL has become a wholly owned subsidiary of the company with effect from October 16, 2026.
Background in the update
- The company refers to its earlier intimations on the same acquisition dated July 16, 2026, August 29, 2026 and October 10, 2026.
- HNFL is described as a subsidiary with its registered office at Jubilee Hills, Hyderabad, Telangana.
The numbers at a glance
- Stake acquired in this step: 5.60% of HNFL's equity share capital.
- Holding in HNFL before: 94.40%.
- Holding in HNFL after: 100%.
- Effective date of wholly owned subsidiary status: October 16, 2026.
How this can be read
- The letter records the final step of a stake purchase that was already being intimated to the exchanges in stages.
- The movement in shareholding is from 94.40% to 100%, taking the company's holding in HNFL to the full equity share capital as stated in the update.
- The change in status is that HNFL is now a wholly owned subsidiary of the company with effect from October 16, 2026.
100%Company's shareholding in HNFL the acquisition
Also from Heritage Foods
Heritage Foods Ltd press release
23 Oct 2026
Board approves scheme to merge wholly-owned subsidiary Heritage Novandie Foods into the company
23 Oct 2026
Heritage Foods files transcript of Q2 & H1 FY27 earnings conference call held October 16, 2026
19 Oct 2026
More numbers
- Additional equity share capital of HNFL acquired5.60%
- Company's shareholding in HNFL before the acquisition94.40%
- Company's shareholding in HNFL after the acquisition100%
Source: BSE · 16 Oct 2026
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