Hindustan Foods Limited has announced a significant expansion into the beauty and personal care manufacturing sector through the acquisition of Ultra Beauty Care Private Limited's business undertaking. The company executed a Business Transfer Agreement on March 23, 2026, marking a strategic move to diversify its operations beyond its traditional food business.

Acquisition Details

The transaction involves the acquisition of a manufacturing facility located at C-15, Five Star Industrial Area MIDC Shendra, Aurangabad, Maharashtra. The facility specializes in contract manufacturing of a comprehensive range of ayurvedic, herbal beauty care and cosmetic products, serving large FMCG companies and D2C players in the beauty and cosmetic segment.

Strategic Rationale and Management Commentary

The acquisition represents Hindustan Foods Limited's strategic entry into the contract manufacturing segment of beauty and personal care products. The facility enables the company to attract customers looking for smaller and flexible production runs for new product launches and existing brands, including new D2C players. The proximity to Mumbai Port positions the site as a potential manufacturing partner for export of beauty and personal care products.

Commenting on the development, Sameer Kothari, Managing Director said, "This proposed acquisition represents an important step in our growth strategy. The BPC category continues to grow and attract newer brands who are looking for faster innovation and smaller production runs. We intend to position this facility to offer these solutions to not only Indian brands but also will be aggressively pursuing export led opportunities through this acquisition."

Future Expansion Plans

The company intends to leverage the spare land and infrastructure at the 6-acre site to build a beverage manufacturing facility. This dual-purpose approach will allow better utilization and unlock operating leverage for the acquisition, creating synergies across various business verticals.

Completion Timeline and Approvals

The completion of the acquisition is subject to fulfillment of various conditions precedent as specified in the Business Transfer Agreement. The company expects to complete the transaction by the first quarter of FY 2026-27, pending customary governmental and regulatory approvals required for the transfer of licenses and permissions under applicable laws.

The acquisition does not constitute a related party transaction, and the promoter or promoter group of Hindustan Foods Limited has no interest in Ultra Beauty Care Private Limited. The transaction will be funded entirely through cash consideration, with the final amount subject to certain customary adjustments as outlined in the agreement terms and conditions.

Hindustan foods Limited has scheduled an analyst and institutional investor meeting for March 20, 2026, as part of its regulatory compliance under SEBI guidelines. The meeting represents the company's ongoing engagement with the investment community and market participants.

Meeting Details and Schedule

The investor meeting has been organized with specific parameters to ensure structured interaction with market participants. The company has provided comprehensive details about the scheduled engagement.

Regulatory Compliance and Documentation

The company has fulfilled its regulatory obligations by informing both major stock exchanges about the scheduled meeting. Hindustan Foods Limited has communicated this information to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification was sent on March 13, 2026, providing adequate advance notice to the exchanges and market participants. Company Secretary and Legal Head Bankim Purohit signed the official communication to both exchanges.

Earnings Presentation and Information Accessibility

Hindustan Foods Limited has made its "Earnings Presentation February' 26" available for public access through multiple channels. The presentation has been uploaded on the company's official website at www.hindustanfoodslimited.com and is also accessible through both stock exchanges.

The company has emphasized that no unpublished price sensitive information (UPSI) will be discussed during the investor interactions. This commitment ensures compliance with insider trading regulations and maintains market integrity during the engagement process.

Company Background and Contact Information

Hindustan Foods Limited operates as part of the Vanity Case Group and holds recognition as a Government Recognised Two Star Export House. The company maintains its registered office at Office No. 3, Level 2, The Centrium, Phoenix Market City, 15, Lal Bahadur Shastri Road, Kurla (West), Mumbai, Maharashtra, India 400 070.

The company has noted that changes to the meeting schedule may occur due to exigencies on the part of participants or the company, providing flexibility for unforeseen circumstances while maintaining transparency with stakeholders.