Heritage Foods Limited
Bandhan Mutual Fund acquired a new position in Heritage Foods Limited, buying 17,14,606 shares for approximately ₹56.71 crore, representing a 1.85% stake in the company.
A dairy producer incorporated in 1992, Heritage Foods operates across milk processing, value-added dairy products, and animal feed manufacturing in India. The company maintains vertically integrated operations spanning dairy farming, renewable energy generation, and feed production to ensure quality control across its supply chain. Heritage Foods serves customers across retail and institutional segments with a focus on delivering quality dairy and nutritional products to consumers nationwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.