Hindustan Foods Limited has informed the Exchange that pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at its Meeting held on today i.e. Wednesday, October 15, 2025 has inter alia transacted the following business:1. The Board of Directors of the Company ( BOD ) in its Meeting held today gave approval to invest Rs. 30 Crores through its Wholly Owned Subsidiary Company ( WOS ) for Acquisition of Businesses engaged into manufacturing of Ice-Cream Cone and Sleeve Printing, which shall be subject to further consideration and deliberation to be carried out by the BOD at the relevant point in time and the procedures to be followed by the WOS as per applicable laws. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, for the abovementioned shall be intimated as and when the BOD evaluates, considers and decides the same.
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Hindustan Foods Limited's Board of Directors has approved an investment of Rs. 30 Crores through its Wholly Owned Subsidiary (WOS) to acquire businesses engaged in manufacturing of Ice-Cream Cones and Sleeve Printing. The company has stated that further details regarding the acquisition will be shared with the exchange once the Board evaluates, considers, and decides on the specifics. The investment is subject to further deliberation by the Board and applicable legal procedures to be followed by the WOS.
This acquisition signals portfolio diversification into ice-cream cone and packaging (sleeve printing) manufacturing, which are adjacencies to Hindustan Foods' existing food and contract manufacturing business. The relatively modest Rs. 30 Crore size limits material financial impact, but the strategic intent to expand into these segments could be a positive signal for long-term growth.