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About Hindustan Foods

Incorporated in Dec.'84 as a public limited company, Hindustan Foods (HFL) is promoted by the Marmagoa Shipping and Stevedoring Company Pvt Ltd (MSSC). The company manufactures nutritional foods, cereal foods and products based on soya bean. It came out with a public issue in Nov.'87 to set up a food-processing unit at Ponda, Goa, with a capacity of 5000 tpa. Commercial production commenced in Jan.'88 and the products were launched all over India only in Dec.'88 under the Bonny Mix brand name. Glaxo which had participated in the equity of the company, apart from providing technical and marketing assistance to the company, withdrew their participation in 1992-93. The company was marketing its products under the brand name Bonny Mix, acquired from Glaxo. Due to the withdrawal of Glaxo, the company had a substantial fall in the sales volume, consequent to which, it started making losses. It had to close its operations from Dec.'92 which was resumed in Dec.'93. In 1994-95, HFL introduced two products - Bonny Meal Rice and Bonny Meal Fruit. The company's products were not well-accepted by the consumers. The weak marketing at the retail level further aggrevated the situation and the consumer off-take was very poor. All these prompted the company to discontinue the production again, in Jul.'95. Reference was made to the BIFR, which has replied that the company has not yet come under its purview. After the suspension of production since July'95, the company has resumed production from October'97. It has been producing the Farex cereal based weaning foods for Heninz India Private Limited which is marketed throughout India.

Parent Organisation
Indian Private
Managing Director
Shashi K Kalathil
Founded
1984
NSE Symbol
HNDFDS

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Hindustan Foods Ltd FAQs

Hindustan Foods Ltd (HNDFDS) share price as of July 22, 2024, on NSE is Rs 593.8 (NSE) and Rs 593.8 (BSE) on BSE.
Yes, You can buy Hindustan Foods Ltd (HNDFDS) shares by opening a Demat account with Angel One.
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1. Direct investment: You can buy Hindustan Foods Ltd (HNDFDS) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hindustan Foods Ltd (HNDFDS) shares.
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