Hindustan Foods Limited has informed the Exchange about Scheme taken on record and the Board has fixed Friday, May 8, 2026 as the Record Date for determining the eligible shareholders of the Demerged Company and the Transferor Company entitled to receive the said equity shares of the Company.

Hindustan Foods Limited's Board has taken on record the NCLT order dated February 25, 2026 sanctioning a Scheme of Arrangement involving Avalon Cosmetics Private Limited (Demerged Company) and Vanity Case India Private Limited (Transferor Company). The scheme involves a demerger where shareholders of ACPL will receive 19 fully paid-up equity shares of HFL (face value INR 2/- each) for every 100 equity shares held in ACPL. Additionally, 4,64,58,145 equity shares of HFL will be allotted to VCIPL shareholders under the amalgamation component. The Board has fixed May 8, 2026 as the Record Date to determine eligible shareholders entitled to receive the new equity shares.