Heritage Foods Limited has informed the Exchange regarding 'Acquisition of majority stake in M/s. Peanutbutter and Jelly Private Limited'.
HERITGFOOD · price
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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.7 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Heritage Foods Limited has completed the acquisition of 51% equity share capital in Peanutbutter and Jelly Private Limited from Sky Gate Hospitality Private Limited. The company has paid the full purchase consideration of Rs. 9 Crores as per the Share Purchase Agreement. With this acquisition, Peanutbutter and Jelly Private Limited has now become a subsidiary of Heritage Foods Limited. This is an update to earlier intimation letters dated October 27, 2025, December 10, 2025, and December 30, 2025 regarding the same transaction.
This acquisition expands Heritage Foods' portfolio by adding a subsidiary in the food segment, potentially diversifying revenue streams. For shareholders, the Rs. 9 Crore deal size is relatively modest compared to Heritage Foods' overall scale, so immediate financial impact is likely limited but could support long-term growth if the subsidiary performs well.