Heritage Foods Share Price in Focus; Plans to Acquire Additional 5.60% Equity in Heritage Novandie Foods

On August 29, 2026, Heritage Foods Limited announced its intention to acquire an additional 5.60% of the equity share capital in its subsidiary, Heritage Novandie Foods Limited, as per the exchange filings.  

This acquisition is currently in process and is anticipated to be finalised within 45 days. 

Details of the Acquisition 

The proposed acquisition by Heritage Foods Limited involves a 5.60% increase in its equity shareholding in Heritage Novandie Foods Limited (HNFL).  

This move aims to strengthen the company's stake in its subsidiary, further consolidating its position within the group. 

The transaction is currently underway, and the completion is expected within 45 days from the date of the latest communication, dated August 29, 2026. 

Corporate Governance and Transparency 

Heritage Foods Limited has demonstrated its commitment to corporate governance and transparency by keeping the exchanges informed about the transaction's progress.  

The company has requested that the information be recorded and displayed on the exchange's website. 

Financial Performance in Q1 FY27 

In Q1 FY27, Heritage Foods reported a consolidated revenue of ₹1,338.09 crore, marking a 17.71% increase from ₹1,136.75 crore in Q1 FY26. Despite the revenue growth, the company's net profit declined by 38.42%, amounting to ₹24.97 crore compared to the previous year's range of ₹40.5–42 crore. 

The EBITDA for the quarter stood at ₹61.8 crore, reflecting a 16.37% year-on-year decrease. The EBITDA margins were compressed by 188 bps, settling at 4.62%. 

Recognition of Executive Director 

Ms. Brahmani Nara, Executive Director of Heritage Foods, has been recognised among Fortune India's 40 Under 40 for 2026. This accolade highlights her contributions to the company's growth, innovation, and engagement with farmers and stakeholders. 

Focus on Value-Added Dairy Products 

Heritage Foods has strengthened its focus on value-added dairy products, including ghee, paneer, curd, butter, and flavoured milk. The company operates across 13 states in India, enhancing its market presence and product offerings. 

Read More: NTPC Plans 30 GW Nuclear Capacity by 2030, Studies 34 Sites Across 13 States! 

Heritage Foods Share Price Performance 

As of August 28, 2026, at 3:30 PM, Heritage Foods share price on NSE was closed at ₹370.55, down by 2.01% from the previous closing price. 

Conclusion 

Heritage Foods Limited's acquisition of an additional 5.60% equity in Heritage Novandie Foods Limited is underway, with completion expected within 45 days. The company remains committed to providing updates on the transaction's status. 

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