Hindustan Foods Limited Announces Scheme of Arrangement Effective
Hindustan Foods Limited, a Vanity Case Group company, announced that a Scheme of Arrangement between Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited has become effective. The scheme was finalized with the filing of Form INC-28 with the Registrar of Companies, Mumbai, Maharashtra, as of the closing of business hours on March 31, 2026.The Scheme involves the demerger of the Contract Manufacturing (Nashik) Business of Avalon Cosmetics Private Limited into Hindustan Foods Limited, with an effective date of the opening of business hours on April 1, 2024. Additionally, the amalgamation of Vanity Case India Private Limited with Hindustan Foods Limited took effect from the opening of business hours on October 1, 2024.
Hindustan Foods Limited will communicate a separate announcement to determine the record date for eligible shareholders of Avalon Cosmetics Private Limited and Vanity Case India Private Limited.
Bankim Purohit, Company Secretary and Legal Head, ACS: 21865, provided the information.
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