Hindustan Foods Limited has informed the Exchange that Record date for the purpose of Merger is 08-May-2026.
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Hindustan Foods Limited has fixed May 8, 2026 as the Record Date for a Scheme of Arrangement involving demerger of Avalon Cosmetics Private Limited (ACPL) and amalgamation of Vanity Case India Private Limited (VCIPL) into HFL. Under the demerger, ACPL shareholders will receive 19 fully paid-up equity shares of HFL (face value INR 2/-) for every 100 equity shares held in ACPL. Under the amalgamation, 4,64,58,145 equity shares of HFL will be allotted to VCIPL shareholders. The Hon'ble NCLT Mumbai Bench had sanctioned this scheme vide its order dated February 25, 2026, with the certified copy received on March 6, 2026.
Existing HFL shareholders will see dilution as new shares are issued to ACPL and VCIPL shareholders. The Record Date determines which shareholders are eligible to receive shares under this corporate restructuring.