Heritage Foods Limited acquires 20% equity of Peanutbutter and Jelly; gains 71% stake

Heritage Foods Limited acquires 20% equity of Peanutbutter and Jelly; gains 71% stake

Heritage Foods Limited acquires 20% equity of Peanutbutter and Jelly; gains 71% stake​

Heritage Foods Limited has completed the acquisition of an additional 20% equity share capital in Peanutbutter and Jelly Limited (PBJL). The acquisition, which was conducted from existing shareholders, resulted in PBJL becoming a 71% subsidiary of Heritage Foods Limited.

The transaction reached completion on July 27, 2026, when the equity shares pertaining to the acquisition were duly credited to the Company's demat account. As of this date, Heritage Foods Limited holds the newly established controlling stake in PBJL.

HERITGFOOD Stock Price Movement​

Shares of Heritage Foods Limited shed 2.51% in post-market trading today, settling at ₹327.20. The stock saw heavy activity throughout the session, with a total traded volume of 647,523 shares and hitting an intraday low of ₹323.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top