Hindustan Foods (HFL) has signed lease deed with State Industrial Development Corporation (SIDCO), Samba for transfer of the land on which the manufacturing unit of Reckitt Benckiser (India) is located to HFL. The company has also paid the entire consideration to Reckitt Benckiser (India).
The company is in the process of applying for the various licenses and is confident that it should be able to commercialize the unit very soon.
Earlier, the company had announced regarding the acquisition of the Pest products manufacturing unit at IGC II, SIDCO Samba, J&K from Reckitt Benckiser (India) on a going concern basis.
Hindustan Foods manufactures high quality cereal based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks.
Company Name | CMP |
---|---|
Nestle | 2355.45 |
Britannia Inds | 5162.75 |
Varun Beverages | 1425.55 |
Marico | 595.45 |
Hatsun Agro Product | 1016.35 |
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