Alice Blue Home
URL copied to clipboard

Trending News

Hindustan Foods stock in focus after company enters waste management and recycling sector

Hindustan Foods Ltd has acquired a 25.07% stake in Asar Green Kabadi Pvt Ltd through a share subscription agreement, enhancing its focus on sustainability and waste management initiatives.

Introduction

Leading FMCG contract manufacturer has signed a share subscription agreement to acquire 25.07% stake in Asar Green Kabadi Private Limited for ₹126 crore. This strengthens its presence in sustainable waste management and recycling solutions.

Alice Blue Image

Also Read: Pritika Engineering stock jumps 7% after receiving ₹70 Cr order for next 5 years

Share price movement of Hindustan Foods

On August 22, 2025, Hindustan Foods Ltd opened at ₹528.80, down 0.23% from its previous close of ₹530.00. The stock touched a high of ₹532.05 and a low of ₹527.00. By 11:20 AM, it traded at ₹527.25, a 0.52% decline, with a market cap of ₹6,299.68 crore.

Hindustan Foods Acquires 25% Stake in Asar Green

Hindustan Foods Limited has signed a Share Subscription Agreement with Asar Green Kabadi Private Limited. The company will acquire 24,643 Series B Compulsorily Convertible Preference Shares, representing 25.07% of Asar Green’s fully diluted share capital.

The transaction involves a total consideration of ₹5 crore. Of this, ₹4 crore was paid in cash, and the remaining ₹99.98 lakh will be adjusted against an existing loan. Payment was completed on August 21, 2025.

Asar Green, incorporated in 2014, operates in the waste management and recycling industry. It reported turnover of ₹1,284.02 lakh in FY 2023-24. The acquisition is expected to be completed by Q2 FY 2025-26.

Stock performance of Hindustan Foods for Period of 1 week, 6 months, and 1 year

Hindustan Foods Ltd delivered a 2.16% return over the past week, while it declined by 4.82% in the past six months. The stock dropped 8.86% over the past year.

Alice Blue Image

Also Read: RACL Geartech stock hits 20% upper circuit after receiving long term order for transmission gears

Shareholding pattern of Hindustan Foods

ParticularsJun 2025Mar 2025Dec 2024
Promoter61.30%62.20%62.20%
FII5.80%5.20%5.20%
DII14.30%14.60%14.60%
Public18.60%18.00%18.00%

About Hindustan Foods

Hindustan Foods Ltd (NSE: HNDFDS) specializes in contract manufacturing for FMCG products, including food, beverages, personal and home care, and leather accessories. Initially a GSK-Dempo venture, it was later acquired by Vanity Case India Pvt. Ltd.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Hindustan Foods Ltd share price in focus today?

A: Hindustan Foods Ltd shares are rising after signing a Share Subscription Agreement to acquire a 25.07% stake in Asar Green Kabadi Private Limited.

Q: What does Hindustan Foods Ltd specialize in?

A: Hindustan Foods Ltd specializes in contract manufacturing for FMCG products, including food, beverages, home care, and personal care.

Q: How much stake do promoters hold in Hindustan Foods Ltd stock?

A: Promoters currently hold around 61.30% stake in Hindustan Foods Ltd as per the latest shareholding pattern.

Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है
Trending

जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

भारतीय बाजार पर अमेरिकी बॉन्ड यील्ड का प्रभाव: प्रशांत जैन ने 6% के स्तर पर वैश्विक मंदी और फंड निकासी

*T&C apply