Hindustan Foods Limited — Important, 18-06-2025: Committee Meeting Updates

Hindustan Foods Limited has announced a board meeting outcome where 19,79,349 convertible warrants were converted into equity shares, raising a total of Rs. 82.5 Cr as 75% payment on conversion. The allotment split between Qualified Institutional Buyers and Non-Qualified Institutional Buyers resulted in an increase in the company’s paid-up equity capital to Rs. 23.90 Cr, comprising 11.95 crore shares of Rs. 2 each. Additionally, 5,32,009 warrants held by a Non-Qualified Institutional Buyer lapsed due to non-exercise, leading to forfeiture of Rs. 7.5 Cr upfront application money. This capital infusion strengthens the company's equity base and supports future growth.