Heritage Foods: Update on Acquisition of additional 5.60% equity share capital of M/s. Heritage Novandie Foods Limited
Heritage Foods (HERITGFOOD) filed a disclosure titled "Update on Acquisition of additional 5.60% equity share capital of M/s. The company is valued at about ₹3,690 crore.
What happened
Heritage Foods (HERITGFOOD) filed a disclosure with the exchanges on 16 October 2026 at 05:31 PM titled "Update on Acquisition of additional 5.60% equity share capital of M/s. Heritage Novandie Foods Limited".
Company snapshot
Heritage Foods is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹3,690 crore.
The stock last traded at ₹397.7, against a 52-week range of ₹292.6–₹503.8 (21.1% below the high).
Before this filing the shares had moved +1.0% over the month and +20.0% over three months. Average daily turnover over the last 20 sessions was about ₹14.02 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 3 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, 2,096 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
- Heritage Foods Q1FY27 revenue rises 17.71%, profit falls 38.42%
- Heritage Foods (NSEI:HERITGFOOD) Stock Forecast & Analyst Predictions
- Heritage Foods Q2 revenue rises 19 per cent to Rs 1,320 crore; EBITDA margin improves sequentially
- Heritage Foods Q2 PAT down by 39% at ₹31 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.