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RCPL acquires T.N.’s Southern Health Foods for ₹156 crore – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

RCPL acquires T.N.’s Southern Health Foods for ₹156 crore

RCPL acquires T.N.’s Southern Health Foods for ₹156 crore

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| Photo Credit: Reuters

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), has acquired a health foods maker from Tamil Nadu — Southern Health Foods Private Limited (SHFPL) — for an aggregate cash consideration of ₹156.42 crore from existing shareholders.

Consequently, SHFPL has become a wholly owned subsidiary of RCPL effective February 9, 2026, RIL said in a statement. 

SHFPL was incorporated on April 16, 2012. The turnover of SHFPL for the FY2024-25, FY2023-24 and FY2022-23 was ₹109.40 crore, ₹127.37 crore and ₹126.65 crore, respectively.

The company, represented by its flagship brand Manna, has been a manufacturer of wide-ranging healthy foods for over two decades.

The addition of Manna adds to RCPL’s foods and staples portfolio that includes brands like Udhaiyam, Independence and SiL, through building a strong business vertical in the growing millet-based foods segment, the company said.

T. Krishnakumar, Director, Reliance Consumer Products Limited, said, “Manna is one of the most trusted names in the health-focused foods market in Tamil Nadu with a noticeable presence in the adjoining states. It is known for healthy offerings like millet-based staples and mixes, drinks and baby food.”

“Apart from adding muscle to RCPL’s packaged foods portfolio, Manna’s addition will help us serve consumers the best nutritious foods,” he said.

“With our strong distribution, R&D and supply chain capabilities, Manna would be made available in other geographies — eventually making it a household name across the country,” he added.

Southern Health Foods is a key player in several health-focused food categories, like packaged healthy foods, including millets, oats, multi-grain products, health mixes, breakfast cereals, and dry fruits, among others.

Its flagship brand, Manna, is known for its healthy offerings in many emerging packaged food categories like millet flour, baby foods and multigrain drink mix.

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