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Heritage Foods gets nod to acquire assets of Shah Motilal Foods

27 Sep 2017 Evaluate

Heritage Foods has received an approval for purchasing assets including land, building & machinery situated at Sampanbole Village, Jaggamguda Gram Panchayat, Shamirpet Mandal, Ranga Reddy District, Telangana of Shah Motilal Foods for expansion of the Dairy Division by setting of own plant. The board of directors of the company at their meeting held on September 27, 2017, has approved the same.

Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

Peers
Company Name CMP
Nestle India 1368.65
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Hatsun Agro Product 1283.00
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