Heritage Foods Limited has informed the Exchange regarding 'Update on acquisition of 51% equity shares of Peanutbutter and Jelly Private Limited- Execution of Share Purchase Agreement(SPA).'.
HERITGFOOD · price
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Awaiting price reaction for this filing.
Heritage Foods Limited has executed a Share Purchase Agreement (SPA) to acquire 51% of the equity share capital of Peanutbutter and Jelly Private Limited from Sky Gate Hospitality Private Limited. The SPA was signed on December 30, 2025, and the actual share transfer is currently in process. This is a follow-up to earlier communications from October 27, 2025 and December 10, 2025 about the proposed deal. The company will inform the stock exchanges once the share transfer is completed. Peanutbutter and Jelly appears to be a smaller private entity, and no deal value was disclosed in this filing.
For shareholders, this marks a concrete step in Heritage Foods' expansion into a new food business segment, but the lack of disclosed deal value and the small size of the target limits immediate valuation impact. The stock is unlikely to move sharply on this news alone, but completion of the transfer and any future disclosures on financials of the target will be worth watching.