Hindustan Foods Limited — JV/Acquisition, 23-03-2026: Acquisition

Hindustan Foods (HFL) is expanding its manufacturing prowess, acquiring the business undertaking of Ultra Beauty Care Private Limited for ₹19.90 Cr. This strategic acquisition enhances HFL's contract manufacturing capabilities, bringing a comprehensive range of ayurvedic, herbal, beauty, and cosmetic products into its portfolio. The Aurangabad facility directly supports HFL's goal to strengthen its presence in the booming beauty and personal care market, boosting its operational footprint and product offerings. The deal is set to complete by Q1 FY2026-27.