ALPHA TRIBE

Hindustan Foods LimitedBoard Meeting, 08-08-2025: Outcome of Board Meeting

08-08-2025 | 04:47 pm

Hindustan Foods Limited (HNDFDS) has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹994.69 Cr, with profit after tax at ₹31.73 Cr. The company also completed the conversion of 19,79,349 warrants into equity shares, raising capital. Notably, 5,32,009 warrants lapsed, leading to a forfeiture of ₹7.50 Cr, which was added to capital reserves. Furthermore, the Composite Scheme of Arrangement for de-merger and amalgamation is progressing, with stock exchange approvals received and NCLT approval awaited.

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