Hindustan Foods Limited — JV/Acquisition, 11-11-2025: Acquisition

Hindustan Foods (HFL), through its subsidiary HCPPL, is acquiring the ice-cream cone manufacturing and packaging facilities from M/s. Ashish Industries and M/s. Vijay for a total cash consideration of ₹26.25 Cr. This strategic move marks HFL’s entry into the ice-cream cone contract manufacturing segment. The acquisition aligns with HFL's strategy to expand its product portfolio and manufacturing capabilities, diversifying its offerings and strengthening its presence in a new consumer product category.