HERITGFOODBSEHERITAGE FOODS LTDHighPositive
Announced Mon, 27 Jul, 2026 · 16:45 IST

Heritage Foods completes 20% stake hike in PBJL, now 71% subsidiary

Listed Co AcquisitionStrategic Transactions View source PDFExplain this filing

HERITGFOOD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹326.90
prior close
₹326.90
base price
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AI summary

Heritage Foods has completed the acquisition of an additional 20% equity stake in Peanutbutter and Jelly Limited (PBJL). Shares were credited to the company's demat account on July 27, 2026. With this, PBJL becomes a 71% subsidiary of Heritage Foods, up from 51% previously. The deal was first approved via intimation dated July 16, 2026.

Likely market impact

Higher control over PBJL subsidiary may boost consolidated revenues and earnings. Minor incremental cost from the additional 20% stake purchase.