Hindustan Foods Approves ₹30 Crore Investment for Ice-Cream Cone and Sleeve Printing Business Acquisition

1 min read     Updated on 15 Oct 2025, 03:18 PM
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Overview

Hindustan Foods Limited's board has approved a ₹30 crore investment through its wholly owned subsidiary to acquire ice-cream cone and sleeve printing businesses. The acquisition is not yet finalized and requires further discussions. This strategic move could lead to vertical integration, market expansion, and value addition for the company in the food processing and packaging sectors.

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*this image is generated using AI for illustrative purposes only.

Hindustan Foods Limited (HFL), a prominent player in the Indian food processing industry, has announced a significant strategic move. The company's board has given the green light for a ₹30 crore investment through its wholly owned subsidiary to acquire ice-cream cone and sleeve printing businesses.

Investment Details

The board's approval marks a crucial step in HFL's expansion strategy. Here are the key points of the investment:

Aspect Detail
Investment Amount ₹30 crore
Investment Vehicle Wholly owned subsidiary
Target Acquisition Ice-cream cone and sleeve printing businesses
Current Status Board approval obtained

Acquisition Process

While the board has approved the investment, the company has indicated that the acquisition is not yet finalized. Additional discussions are required before making a final decision on the acquisition. This cautious approach suggests that HFL is carefully evaluating the potential benefits and risks associated with this business expansion.

Strategic Implications

This move by Hindustan Foods could potentially signify:

  1. Vertical Integration: By acquiring businesses in ice-cream cone production and sleeve printing, HFL might be looking to vertically integrate its operations, potentially reducing costs and improving supply chain efficiency.

  2. Market Expansion: This acquisition could allow HFL to enter new market segments within the food packaging industry, diversifying its product portfolio.

  3. Value Addition: The sleeve printing business, in particular, could add value to HFL's existing product lines by providing in-house packaging solutions.

Looking Ahead

As Hindustan Foods Limited continues its discussions regarding this potential acquisition, stakeholders will be keenly watching for further developments. The final decision on this ₹30 crore investment could significantly impact the company's future growth trajectory and market position in the food processing and packaging sectors.

Investors and industry observers should stay tuned for further announcements from the company as it progresses through the acquisition process.

Historical Stock Returns for Hindustan Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%-2.09%-1.23%-0.47%-8.73%+192.06%
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Hindustan Foods Limited Holds Shareholder Meeting for Scheme of Arrangement Approval

1 min read     Updated on 15 Oct 2025, 02:49 PM
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Reviewed by
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Overview

Hindustan Foods Limited conducted a shareholder meeting on October 15, 2025, via video conferencing to vote on a Scheme of Arrangement involving Avalon Cosmetics Private Limited and Vanity Case India Private Limited. The meeting saw participation from 50 shareholders, with 8 corporate representations accounting for 44.95% of the capital. A remote e-voting system was implemented, and results are expected within two working days. The outcome could significantly impact the company's future operations and market position.

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*this image is generated using AI for illustrative purposes only.

Hindustan Foods , a prominent player in the Indian food industry, recently conducted a crucial meeting of its equity shareholders to deliberate on a significant corporate action. The meeting, held on October 15, 2025, was convened to seek approval for a Scheme of Arrangement involving Avalon Cosmetics Private Limited and Vanity Case India Private Limited.

Meeting Details

The shareholder meeting was conducted via video conferencing, in line with the directions provided by the National Company Law Tribunal (NCLT). This virtual format ensured wider participation while adhering to potential health and safety guidelines.

Participation and Representation

The meeting saw notable participation from the company's shareholder base:

Aspect Details
Total Shareholders (as of cut-off date) 71,101
Shareholders in Attendance 50
Corporate Representations 8
Shares Represented by Corporate Entities 5,37,05,598 (44.95% of capital)

Voting Process

To ensure a fair and transparent decision-making process, Hindustan Foods Limited implemented a comprehensive voting system:

  • Remote e-voting was available from October 12-14, 2025
  • Additional voting facility was provided during the meeting
  • Mr. Prashant Sharma, Advocate, was appointed as the Scrutinizer by NCLT to oversee the voting process

Key Resolution

The primary agenda of the meeting was to vote on the following resolution:

Resolution: Approval of the Scheme of Arrangement between Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited, along with their respective shareholders.

Next Steps

The company has announced that the combined results of the voting, including both remote e-voting and voting during the meeting, will be declared within two working days. These results will be:

  • Communicated to the stock exchanges where Hindustan Foods Limited's equity shares are listed
  • Uploaded on the company's official website
  • Displayed on the notice board at the company's registered office

This meeting marks a significant step for Hindustan Foods Limited as it seeks to implement a strategic corporate restructuring. Shareholders and market observers will be keenly awaiting the voting results, which could potentially impact the company's future operations and market position.

About Hindustan Foods Limited

Hindustan Foods Limited is recognized as a Two Star Export House by the Indian government. The company operates in the food industry and is part of the Vanity Case Group. Its registered office is located in Phoenix Market City, Kurla, Mumbai.

Historical Stock Returns for Hindustan Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%-2.09%-1.23%-0.47%-8.73%+192.06%
Hindustan Foods
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