Hindustan Foods Ltd

Hindustan Foods Announces Demerger & Amalgamation Plan 📊

- Demerger scheme approved via circular resolution on April 22, 2026

- Involves Avalon Cosmetics (demerged) and Vanity Case India (transferor) with Hindustan Foods (transferee)

- Sanctioned by National Company Law Tribunal, Mumbai Bench on February 25, 2026

- For demerger: 19 equity shares of Hindustan Foods (face value ₹2 each) issued per 100 equity shares held in Avalon Cosmetics (face value ₹10 each)

- For amalgamation: 4,64,58,145 equity shares of Hindustan Foods (face value ₹2 each) issued to Vanity Case India shareholders

- Record date set for May 8, 2026 to determine eligible shareholders