HNDFDSNSEHindustan Foods LimitedMediumNeutral
Announced Wed, 22 Apr · 15:13 IST

Hindustan Foods Limited has informed the Exchange that Record date for the purpose of determining the eligible shareholders of Demerged Company and Transferor Company entitled to receive the said equity shares of the Company is 08-May-2026.

Demerger Ratio AnnouncedStrategic Transactions View source PDF

HNDFDS · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹499.80
prior close
₹496.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.1-0.3-1.3-2.0-2.2-3.1-1.6+1.0+3.3+4.0+10.0+12.6
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AI summary

Hindustan Foods Limited's Board has fixed May 8, 2026 as the Record Date for the Scheme of Arrangement involving Avalon Cosmetics Private Limited (Demerged Company) and Vanity Case India Private Limited (Transferor Company). Under the demerger, ACPL shareholders will receive 19 equity shares of HFL (face value INR 2/- each) for every 100 shares held in ACPL. Under the amalgamation, VCIPL shareholders will receive 4,64,58,145 fully paid-up equity shares of HFL in proportion to their holdings. The Hon'ble NCLT Mumbai Bench had sanctioned the scheme on February 25, 2026, with the certified copy received on March 6, 2026.

Likely market impact

Existing HFL shareholders may face dilution due to the issuance of new shares to ACPL and VCIPL shareholders. The demerger ratio and share issuance details provide clarity on the corporate restructuring's impact on the company's capital structure.