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NHC Foods LtdImportant, 05-09-2025: Company Update

05-09-2025 | 10:08 pm

NHC Foods Limited's Board has approved the preferential allotment of 6.5 crore fully convertible warrants. Priced at Rs. 1.25 each, these warrants aim to raise Rs. 8.125 crore for the company. NHC Foods has already received an initial payment of Rs. 2.03 crore (25% of the total consideration), with the remaining amount due when warrants convert into equity shares over the next 18 months. This capital infusion enhances the company's financial liquidity and supports its future operational growth, backed by shareholder approval.

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