NHC Foods Ltd — Important, 24-12-2025: Company Update

The company's Board approved the allotment of 4.40 Cr equity shares, each with a face value of Re. 1, at an issue price of Rs. 1.25, including a premium. These shares were issued to a non-promoter warrant holder, Satyam Shirishchandra Joshi, upon conversion of an equivalent number of convertible warrants. This allotment was made for cash, with the company receiving Rs. 4.125 Cr from the remaining exercise price of Rs. 0.9375 per warrant. This move expands the company's equity base and brings in additional capital.