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Heritage Foods Limited ( (IN:HERITGFOOD) ) has provided an announcement.
Heritage Foods Limited has executed a Share Purchase Agreement to acquire 51% of the equity share capital of Peanutbutter and Jelly Private Limited from Sky Gate Hospitality Private Limited, formalising a previously announced transaction. The share transfer process under this agreement is now underway, with the company stating it will notify the stock exchanges upon completion, signaling a strategic move to deepen its footprint in the packaged foods segment and potentially broaden its product offerings and market reach.
More about Heritage Foods Limited
Heritage Foods Limited operates in the food and dairy sector, offering a range of value-added food products to the Indian market. The company focuses on expanding its presence in packaged and branded food categories to strengthen its consumer franchise and diversify its product portfolio.
Average Trading Volume: 9,331
Technical Sentiment Signal: Hold
Current Market Cap: 41.97B INR
Learn more about HERITGFOOD stock on TipRanks’ Stock Analysis page.