Hindustan Foods Limited (BSE:519126) entered into a share purchase agreement to acquire Kns Shoetech Private Limited for INR 37.2 million on October 23, 2023. Kns Shoetech reported turnover of INR 19.886 million as at March 31, 2023. The transaction is expected to close in third quarter of FY2023-24.

Hindustan Foods Limited (BSE:519126) completed the acquisition of Kns Shoetech Private Limited on December 29, 2023.