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Heritage Foods board approved amalgamation of wholly-owned subsidiary Heritage Novandie Foods under Sections 230-232. No cash or new shares involved; subject to NCLT and shareholder approvals.
Strong 19% revenue growth driven by value-added products (VAP) is masked by rising raw milk costs.
Heritage Foods reported 19% YoY revenue growth in Q2 FY27, driven by a 32% surge in Value-Added Products (VAP). EBITDA margin recovered sequentially to 5.6% despite rising milk procurement costs.
Heritage Foods posted 19% YoY revenue growth in Q2 FY27, EBITDA margin recovering 98 bps QoQ to 5.6%. VAP contribution expanded to 35.4% on broad-based category growth.
Heritage Foods Limited has paid the purchase consideration for the acquisition of an additional 5.60% equity stake in its subsidiary, Heritage Novandie Foods Limited.
Heritage Foods Ltd submitted its quarterly shareholding pattern for the period ending September 30, 2026, in compliance with Regulation 31(1)(b) of SEBI LODR.
Heritage Foods intimated that its Board meeting is scheduled for 15 Oct 2026 to consider un-audited results for Q2 and H1 FY27. Trading window closed from 1 Oct 2026 until results are declared.