HOAC Foods India Limited Opens First Retail Store Outside Delhi NCR in Bhopal, Madhya Pradesh

4 min read     Updated on 16 May 2026, 03:38 AM
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Shriram SScanX News Team
AI Summary

HOAC Foods India Limited has inaugurated its first retail outlet outside Delhi NCR at Plot No. 87, Ground Floor, New Colony, Lal Ghati, Bhopal, Madhya Pradesh 462030, spanning approximately 240 sq. ft. The company has constituted a dedicated regional team for operations, sales, and market development in Madhya Pradesh, and expects logistical benefits from its nearby manufacturing facility in the state. The Bhopal store adds to the company's existing network of 21 outlets across Delhi NCR and surrounding regions, operated under both company-owned and franchisee models. This development marks a key step in HOAC Foods India Limited's stated strategy of geographic diversification and national retail expansion.

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HOAC Foods India Limited has announced the commencement of operations at its first retail outlet outside the Delhi NCR region, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new store, operating under the Hariom Exclusive Store brand, is located in Bhopal, Madhya Pradesh, and represents a significant milestone in the company's retail expansion journey.

New Store Details

The newly inaugurated outlet is strategically positioned in a high-potential porch/front-facing area designed to drive customer engagement and product visibility. Key details of the new store are outlined below:

Parameter: Details
Address: Plot No. 87, Ground Floor, New Colony, Lal Ghati, Bhopal, Madhya Pradesh 462030
Store Area: Approximately 240 sq. ft.
Store Type: Company-operated retail outlet
State: Madhya Pradesh

Geographic Diversification Beyond Delhi NCR

This development marks the company's first step towards geographic diversification beyond its existing Delhi NCR footprint. To support operations in the new market, the management has constituted a dedicated regional team focused exclusively on operations, sales, and market development in Madhya Pradesh. Additionally, the proximity of the company's new manufacturing facility in Madhya Pradesh is expected to provide substantial logistical advantages, ensuring efficient supply chain management and improved operational efficiency.

Existing Retail Network

Prior to this expansion, HOAC Foods India Limited operated and franchised stores across Delhi NCR and nearby regions under the Hariom Atta & Spices brand. The company's existing network spans 21 locations, comprising both company-operated and franchisee outlets, as detailed below:

S.No Location Store Name Type
1 D-426A, Palam Extension, Ramphal Chowk, Sector-7, Dwarka, New Delhi-110075 HARIOM ATTA & SPICES Company
2 G-4, Vardhman Prasad Plaza, K.M. Chowk, Sector-12, Dwarka, New Delhi-110075 HARIOM ATTA & SPICES Company
3 Shop No.40, Valley View Estate, Gwal Pahadi, Gurugram-122003 HARIOM ATTA & SPICES Company
4 Shop No. 11, Ground Floor, Manish Global Mall, Sector 22, Dwarka, New Delhi-110077 HARIOM ATTA & SPICES Company
5 C4A/42A C2, Shani Bazar Road, Janak Puri, New Delhi-110058 HARIOM ATTA & SPICES Company
6 G6 Manish Twin Plaza, Plot No. 5, Sector 4, Dwarka-110075 HARIOM ATTA & SPICES Company
7 S-89, Shopping Mall, Arjun Marg, DLF City Phase-1, Gurugram-122002 HARIOM ATTA & SPICES Company
8 Shop No. 66, Ameya the Sapphire Mall, Sector-49, Gurugram-122018 HARIOM ATTA & SPICES (NEELAM ENTERPRISES) Franchisee
9 Shop No. G-11, Spaze Corporate Park, Sector-69, Gurugram-122101 HARIOM ATTA & SPICES (NEELAM ENTERPRISES) Franchisee
10 Shop No. 97, Huda Market, Sector-23, Gurugram-122017 HARIOM ATTA & SPICES (SAYNA FOODS) Franchisee
11 Shop No. 51, Sapphire Eighty-Three, Sector-83, Gurugram-122004 HARIOM ATTA & SPICES (FARM2HOME) Franchisee
12 GF-102, Conscient One Mall, Sector-109, Gurugram-122001 HARIOM ATTA & SPICES (YUVRAJ ENTERPRISES) Franchisee
13 Shop No. 38, Huda Market, Sector-16, Faridabad-121002 HARIOM ATTA & SPICES (ASHOK FLOUR MILLS) Franchisee
14 Booth No. 132, Sector 15 Part-2, Huda Market, Gurugram HARIOM ATTA & SPICES (RAKESH SPICES AND FLOUR HEAVEN) Franchisee
15 GG1/6A Main PVR Road, Central Park, Vikaspuri, New Delhi-110018 HARIOM ATTA & SPICES (Hariom Enterprises) Franchisee
16 Shop No. GF-171, Vyapar Kendra Market, Sushant Lok 1, Gurugram-122009 HARIOM ATTA & SPICES (M & H Enterprises) Franchisee
17 G06 Satya The Hive, Sector-102, Gurugram-122505 HARIOM ATTA & SPICES (Birasinmaa Enterprises) Franchisee
18 Shop No. 48, AIPL Joy Street, Sector 66, Gurugram-122018 HARIOM ATTA & SPICES (NEELAM ENTERPRISES) Franchisee
19 Shop No. G-54, Agarwal Central Plaza, Plot No. 7, Sector 9, Rohini, Delhi-110085 HARIOM ATTA & SPICES (Rudra Group) Franchisee
20 Shop No. FF-55, City Plaza Mall, Sector-4, Greater Noida, Gautam Budh Nagar, U.P. HARIOM ATTA & SPICES (Shiv Kripa Retail) Franchisee
21 Shop No. LGF-07, City Galleria, Gaur City 2, Sector 16C, Greater Noida, Uttar Pradesh – 201306 HARIOM ATTA & SPICES (Shiv Kripa Retail) Franchisee

Expansion Strategy and Outlook

The Bhopal store opening is described by the company as part of its broader strategy to accelerate store expansion and establish a stronger national presence. The expansion into Madhya Pradesh is aligned with the company's stated long-term vision of extending its retail footprint across key growth markets in India. The company has noted that this outlet also opens up new opportunities for growth in other states, reinforcing its focus on scalable and sustainable expansion. The intimation was filed by Managing Director Rambabu Thakur on 15.05.2026.

Historical Stock Returns for HOAC Foods India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.41%-7.00%+6.39%+52.47%+192.47%+222.63%

Which states or cities is HOAC Foods India Limited likely to target next after establishing its presence in Madhya Pradesh, and what criteria will guide site selection?

How will the company balance company-operated versus franchisee models as it scales nationally, and could the Bhopal store serve as a template for future franchise partnerships outside Delhi NCR?

What impact could the proximity of HOAC Foods' new Madhya Pradesh manufacturing facility have on its product pricing competitiveness and margins compared to its Delhi NCR stores?

HOAC Foods India Limited: Company Secretary and Compliance Officer Ms. Bhawna Agarwal Resigns Effective May 15, 2026

1 min read     Updated on 16 May 2026, 02:43 AM
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HOAC Foods India Limited has disclosed the resignation of Ms. Bhawna Agarwal (Membership No. A31001) from the position of Company Secretary and Compliance Officer, effective from the close of business hours on May 15, 2026. The resignation was tendered citing personal reasons and the intent to pursue opportunities outside the organisation. The disclosure was filed under Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Managing Director Rambabu Thakur communicated the development to the National Stock Exchange of India Limited on behalf of the company.

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HOAC Foods India Limited has informed the National Stock Exchange of India Limited of the resignation of Ms. Bhawna Agarwal from the post of Company Secretary and Compliance Officer, a Key Managerial Personnel (KMP) position. The disclosure, dated May 15, 2026, was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Ms. Agarwal's cessation from the role is effective from the close of business hours on May 15, 2026.

Key Details of the Resignation

The following table summarises the key disclosures made by the company in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015:

Parameter: Details
Name: Ms. Bhawna Agarwal
Designation: Company Secretary & Compliance Officer
Membership No.: A31001
Nature of Change: Resignation
Date of Resignation Letter: May 15, 2026
Effective Date of Cessation: Close of business hours, May 15, 2026
Reason for Resignation: To pursue opportunities outside the organisation

Resignation Letter and Regulatory Compliance

In her resignation letter addressed to the Board of Directors, Ms. Agarwal cited personal reasons for her departure and confirmed that there are no other material reasons beyond those stated. She requested the Board to accept her resignation and ensure that all necessary filings and intimations required under the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and other applicable laws be completed with the Registrar of Companies, stock exchanges, and other regulatory authorities within the prescribed timelines. Ms. Agarwal also confirmed her commitment to extending all necessary assistance to ensure a smooth handover of duties, responsibilities, statutory records, and documents to the person designated by the management.

Company Communication

The disclosure was signed by Rambabu Thakur, Managing Director of HOAC Foods India Limited, on behalf of the company. The communication was addressed to the Listing Compliance Department of the National Stock Exchange of India Limited. The company has enclosed a copy of the resignation letter along with the prescribed Annexure-A as part of its regulatory disclosure obligations.

Historical Stock Returns for HOAC Foods India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.41%-7.00%+6.39%+52.47%+192.47%+222.63%

How quickly will HOAC Foods India appoint a new Company Secretary and Compliance Officer, and could the vacancy create any regulatory compliance risks in the interim period?

Does the sudden resignation of a KMP like the Compliance Officer signal any underlying governance or operational challenges at HOAC Foods India that investors should monitor?

How might the absence of a permanent Compliance Officer affect HOAC Foods India's ability to meet upcoming SEBI filing deadlines and listing obligations?

More News on HOAC Foods India

1 Year Returns:+192.47%