Following is the phrase taken from the website that you have attached in your post. They starting their own brand is something that I am unaware about. As far as I know, they started a facility in health care segment. Please go through that phrase below:
“HFL Healthcare and Wellness Pvt.Ltd. is a 100% subsidiary of Hindustan Foods Ltd (HFL), which is listed on both BSE & NSE. HFL is part of the Vanity Case Group Of Companies that operates 34 plants across 16 different locations in India, manufacturing multiple categories of products for the FMCG, Healthcare & Wellness sectors.
The mission of HFL Healthcare and Wellness Pvt.Ltd. is to become a leader in the contract manufacturing space and a preferred business partner for Medicated/Non-Medicated Foot Care, OTC and Personal Care products.”
You will see that it is clearly written what their goal is. Please share the source where you read about they starting their own brands.
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