Hindustan Foods Limited

V S Dempo Holdings Private LTd acquired 1,28,99,157 shares of Hindustan Foods Limited for ₹680.37 Cr at ₹527.45 apiece, increasing its stake to 10.63%. This acquisition was a result of a scheme of arrangement between Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited.

A diversified FMCG contract manufacturer producing food, home care, personal care, and beverage products for leading Indian and international brands. The company operates manufacturing facilities across multiple categories, serving established FMCG companies with comprehensive production solutions. Additionally, it manufactures leather footwear and accessories, leveraging its operational expertise and supply chain capabilities to maintain a presence across consumer goods and specialty segments.