Hindustan Foods Limited has officially commenced commercial operations at its new ice cream manufacturing facility in Panipat, Haryana, as announced through a formal disclosure under SEBI Regulation 30. The facility represents the company's third ice cream manufacturing unit in India and marks a significant expansion in the company's ice cream segment presence.

Official Regulatory Disclosure

The company made the formal announcement on April 30, 2026, through a regulatory filing addressed to both BSE Limited and National Stock Exchange of India Limited. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Schedule III - Part A provisions for commencement of commercial production.

Facility Operations and Strategic Positioning

The Panipat plant has been commissioned within approximately 10 months with all necessary regulatory approvals in place. The facility is currently in its initial operational phase under ramp-up and stabilization, with utilization levels expected to scale up gradually over the next few quarters as production stabilizes.

Market Outlook and Growth Potential

Manoj Patani, President of the Ice Cream Division, highlighted the positive market dynamics driving the expansion. The Indian ice cream category continues to demonstrate steady growth with industry estimates indicating a compound annual growth rate of 12.00-15.00%. The market size is approximately ₹35,000 crore, with penetration levels remaining relatively low across the country.

Several factors contribute to the favorable demand outlook including rising disposable incomes across consumer segments, improving electrification infrastructure, expansion of modern distribution channels including quick commerce, and growth in e-commerce platforms.

Manufacturing Capabilities and Company Background

With the addition of the Panipat facility, Hindustan Foods Limited now operates three ice cream plants across India. The company has established backward integration capabilities extending to cones and sticks manufacturing, positioning it to offer comprehensive solutions to its customer base.

Hindustan Foods Limited was founded in 1984 and provides dedicated and shared manufacturing services to FMCG corporates. The company operates as a Government Recognised Two Star Export House and serves as a contract manufacturer across multiple segments including food and beverages, home care, fabric care, beauty and personal care, health care and wellness, leather and sports footwear, and household insecticides.

Hindustan foods Limited has received an ESG (Environmental, Social, and Governance) score of 64.3 for the Financial Year 2024-25, as assigned by SES ESG Research Private Limited. The company disclosed this development to stock exchanges on April 30, 2026, in compliance with regulatory requirements.

ESG Rating Details

The ESG evaluation was conducted independently by SES ESG Research Private Limited, with their report dated April 29, 2026. The rating agency voluntarily assigned the score without any formal engagement or commission from Hindustan Foods Limited.

Evaluation Methodology

SES ESG Research based their assessment entirely on publicly available information and disclosures made by the company. The evaluation methodology relied on:

• Public disclosures made by Hindustan Foods Limited
• Publicly available information pertaining to Financial Year 2024-25
• Independent analysis without company engagement

Regulatory Compliance

The company communicated this ESG rating assignment to both BSE Limited and National Stock Exchange of India Limited on April 30, 2026. This disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant SEBI circulars issued regarding ESG ratings.

The notification was signed by Bankim Purohit, Company Secretary and Legal Head, ensuring proper corporate governance in the disclosure process. Hindustan Foods Limited operates as part of the Vanity Case Group and holds recognition as a Government Recognised Two Star Export House.