The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shrinivas V Dempo & Others

Hindustan Foods Limited's promoter group has significantly increased their stake in the company through a scheme of arrangement. The acquisition involved 2,00,89,955 equity shares (approximately 16.56% of diluted share capital) being allotted to the promoter entities. V.S. Dempo Holdings Private Limited emerged as a major new shareholder with 1,28,99,157 shares (10.65%), while Soiru Dempo Family Private Trust and Vassudeva Dempo Family Private Trust also received substantial allotments of 13,95,804 and 57,94,994 shares respectively. The shares were allotted pursuant to a scheme of arrangement involving Avalon Cosmetics Private Limited and Vanity Case India Private Limited. After the transaction, the total promoter holding stands at 2,25,89,955 shares (18.64% of diluted capital), up from 2.09% before the acquisition.