Hoac Foods India Limited — Board Meeting, 03-07-2025: Outcome of Board Meeting

HOAC Foods India has announced a board meeting on which it approved the closure of its Qualified Institutions Placement (QIP), allocating 4,97,250 equity shares at ₹201 each, reflecting a 4.58% discount to the floor price. The board finalized the allocation notes for institutional buyers and adopted the placement document. Refund letters will be issued where applicable. This fundraise strengthens HOAC Foods’ capital base, supporting its growth trajectory in the food segment.