What did Reliance Consumer Products Ltd acquire?

Reliance Consumer Products Ltd acquired Southern Health Foods Private Limited, the owner of the Manna health foods brand.

How much did Reliance pay for Southern Health Foods?

Reliance Consumer Products Ltd acquired Southern Health Foods Private Limited for ₹156.42 crore in an all-cash deal.

What is the significance of this acquisition for Reliance's food portfolio?

The acquisition strengthens Reliance's foods and staples portfolio by adding scale in the fast-growing millet segment and aims to take the Manna brand national.

Home / Business and Economy / Reliance Acquires Manna Foods for ₹156 Crore

Reliance Acquires Manna Foods for ₹156 Crore

10 Feb

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Summary

Reliance Consumer Products acquired Southern Health Foods for ₹156.42 crore.
The deal makes Manna, a health foods brand, a subsidiary of Reliance.
This acquisition expands Reliance's millet-based foods portfolio in South India.

Reliance Acquires Manna Foods for ₹156 Crore

Reliance Consumer Products Ltd (RCPL) has finalized the acquisition of Southern Health Foods Private Limited (SHFPL) for ₹156.42 crore in an all-cash transaction, concluded on February 9, 2026. This strategic move establishes SHFPL, the company behind the Manna health foods brand, as a wholly owned subsidiary of RCPL.

SHFPL, founded in April 2012, is recognized for its range of millet-based staples, multigrain mixes, and baby food products, primarily serving Tamil Nadu and neighboring states. The brand's turnover reached ₹109.40 crore in the fiscal year 2025.

This acquisition bolsters RCPL's existing food brands, including Udhaiyam and Independence, by significantly enhancing its scale within the burgeoning millet food market. RCPL intends to utilize its extensive distribution and supply chain capabilities to broaden Manna's reach across India.