NHC Foods Ltd — Updates, 29-05-2025: Company Update

NHC Foods Limited confirms full utilization of Rs. 47.42 crore raised through its Rights Issue as per the original plan. Rs. 25 crore was used for working capital, Rs. 15 crore repaid secured loans, Rs. 5.17 crore supported general corporate purposes, and Rs. 0.42 crore covered issue-related expenses. There has been no deviation or variation in the application of funds, ensuring alignment with company objectives and supporting financial discipline. This transparency reinforces confidence in the company’s capital allocation and operational management.