Heritage Foods: The Board of Directors of the Company, at its meeting held today, i.e., October 23, 2026, has approved the…
Heritage Foods (HERITGFOOD) filed a disclosure titled "The Board of Directors of the Company, at its meeting held today, i.e., October 23, 2026, has approved the Scheme of Amalgamation under Sections 230 to 232 and other applicable…". The company is valued…
What happened
Heritage Foods (HERITGFOOD) filed a disclosure with the exchanges on 23 October 2026 at 10:55 AM titled "The Board of Directors of the Company, at its meeting held today, i.e., October 23, 2026, has approved the Scheme of Amalgamation under Sections 230 to 232 and other applicable…".
Company snapshot
Heritage Foods is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹3,399 crore.
The stock last traded at ₹366.3, against a 52-week range of ₹292.6–₹503.8 (27.3% below the high).
Before this filing the shares had moved −12.4% over the month and +10.8% over three months. Average daily turnover over the last 20 sessions was about ₹13.6 crore.
Promoters held 41.30% at the end of Q2 FY27. Foreign institutions owned 1.70% and domestic institutions 6.29%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,113 | 51 | 5.5 |
| Q3 FY26 | 1,119 | 34.6 | 3.73 |
| Q4 FY26 | 1,158 | 23.9 | 2.6 |
| Q1 FY27 | 1,338 | 25 | 2.72 |
| Q2 FY27 | 1,320 | 30.9 | 3.38 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.8% on average the next trading day and was up 2.5% on average after five days (2 filings with price data).
Across 83 similar disclosures by other Fast Moving Consumer Goods companies, shares moved +0.6% on average the next day and +0.5% over five days; 46% of them rose the next day.
Market-wide, 2,133 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Oct 2026 | Update on acquisition of 5.60% equity share capital of Heritage… | +1.1% | — |
| 27 Jul 2026 | Update On Acquisition Of Additional 20% Equity Share Capital Of M/S.… | +0.5% | +2.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Heritage Foods Q2 net slips 39% to ₹31 cr amid higher revenue
- HERITGFOOD Share Price Today - Heritage Foods on NSE/BSE
- Heritage Foods Q2 PAT down by 39% at ₹31 crore
- Heritage Foods Q2 revenue rises 19 per cent to Rs 1,320 crore; EBITDA margin improves sequentially
- Heritage Foods Ltd (BOM:519552) (Q2 2027) Earnings Call Highlights: Revenue Jumps 19% as ...
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.