Heritage Foods has scheduled a one-on-one virtual meeting with Maximal Capital for August 19, 2026. The company disclosed the engagement in a filing to the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 17, 2026.

The meeting is conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely and accurate disclosure of material events to stock exchanges.

Meeting Details

Heritage Foods noted that the schedule may change due to exigencies on the part of the analyst or the company. The firm stated that no unpublished price-sensitive information will be shared during the interaction.

Umakanta Barik, Company Secretary and Compliance Officer at Heritage Foods, signed the disclosure. The company is registered in Hyderabad and holds ISO 22000 certification.

Heritage Foods Limited has completed the acquisition of an additional 20% equity stake in Peanutbutter and Jelly Limited (PBJL), increasing its holding to make PBJL a 71% subsidiary. The equity shares were credited to the company’s demat account on July 27, 2026, finalizing the transaction approved by the Board earlier in the month. This consolidation strengthens Heritage Foods’ control over the peanut butter brand, aligning operational strategy under majority ownership.

The acquisition was executed from existing shareholders of PBJL, as intimated in a previous filing dated July 16, 2026. With the transfer of shares complete, PBJL is now formally recognized as a 71% subsidiary of Heritage Foods Limited with effect from July 27, 2026. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the completion of the acquisition.

Transaction Details

Heritage Foods Limited, registered under CIN L15209TG1992PLC014332, disclosed the update through its Company Secretary and Compliance Officer, Umakanta Barik. The filing references SECT: STOC: 79-26 and confirms that the shares have been duly credited to the corporate demat account. The company’s scrip codes are 519552 on BSE and HERITGFOOD on NSE.

Strategic Consolidation

The move to increase the stake to 71% allows Heritage Foods to exert greater influence over PBJL’s governance and financial reporting. As a majority stakeholder, Heritage Foods can now consolidate PBJL’s financial results more comprehensively into its own balance sheet. This step follows the initial approval granted on July 16, 2026, signaling a decisive move to integrate the brand fully into its portfolio.

Peanutbutter and Jelly Limited (CIN: U15400MH2022PLC377342) operates in the food processing sector, complementing Heritage Foods’ existing dairy and processed food offerings. The completion of this transaction marks a significant milestone in the company’s expansion strategy within the consumer staples segment.