In furtherance to our intimation letter dated May 21, 2024 and September 19, 2024 and in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (the "Listing Regulations"), we wish to inform the Stock Exchange(s) that the Board of Directors (the "Board") of Hindustan Foods Limited (the "Company") at its meeting held on September 24, 2024 has ,inter alia, subject to approval of the shareholders of the Company, considered and approved the Scheme of Arrangement between Avalon Cosmetics Private Limited ('the Demerged Company' or 'ACPL') and Vanity Case India Private Limited ('the Transferor Company' or 'VCIPL') and Hindustan Foods Limited ('the Resulting Company' or 'the Transferee Company' or 'HFL' or 'the Company') and their respective shareholders under Sections 230-232 of the Companies Act, 2013 ('the Scheme').