Heritage Foods Acquires 51% Stake in Peanutbutter and Jelly Pvt Ltd
Filing Summary
Heritage Foods Limited has completed the acquisition of a 51% equity stake in M/s. Peanutbutter and Jelly Private Limited. The transaction was finalized on January 5, 2026, with a purchase consideration of Rs.9 Crores paid to Sky Gate Hospitality Private Limited. This acquisition results in Peanutbutter and Jelly becoming a subsidiary of Heritage Foods. The transaction was conducted under the terms of a Share Purchase Agreement, as per the SEBI Listing Regulations.
Heritage Foods Limited has announced the completion of its acquisition of a 51% equity stake in M/s. Peanutbutter and Jelly Private Limited. The acquisition was finalized on January 5, 2026.
The company discharged the entire purchase consideration of Rs.9 Crores to Sky Gate Hospitality Private Limited. This transaction was executed in accordance with the terms outlined in the Share Purchase Agreement. As a result of this acquisition, Peanutbutter and Jelly Private Limited has become a subsidiary of Heritage Foods Limited.
This update follows previous communications from Heritage Foods dated October 27, 2025, December 10, 2025, and December 30, 2025, regarding the acquisition process. The transaction was conducted under the guidelines of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Heritage Foods Limited is engaged in the dairy business, focusing on the production and distribution of milk and milk products. The company is committed to expanding its market presence and enhancing its product offerings through strategic acquisitions and partnerships.