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Vanity Case India becomes new holding company of Hindustan Foods

14 Dec 2013 Evaluate

Vanity Case India has become a promoter (new holding company) of Hindustan Foods as it holds 74.45% of the paid-up share capital of the company.

Earlier, Dempo Foods, the holding company has merged / amalgamated in Vanity Case India as per their letter dated December 13, 2013, in terms of the Bombay High Court Order dated November 22, 2013. Consequent to the above amalgamation, the merged entity, Vanity Case India holds 74.45% of the paid-up share capital of the company.

Hindustan Foods manufactures high quality cereal based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks.

Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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