Hindustan Foods Limited — JV/Acquisition, 21-08-2025: Acquisition

Hindustan Foods (HFL) secures a 25.07% stake in Asar Green Kabadi Private Limited for ₹5 Cr. Asar Green specializes in waste management, recycling, and circular economy services, with a recent turnover of approx ₹12.84 Cr for FY24, showing strong growth. This strategic investment expands HFL's business scope, diversifying its portfolio beyond food into the fast-growing environmental services sector. It positions HFL to tap into new market opportunities and capitalize on sustainable practices, enhancing its long-term outlook.