ALPHA TRIBE

NHC Foods LtdImportant, 09-02-2026: Company Update

09-02-2026 | 12:49 pm

NHC Foods confirmed that funds raised from preferential warrants have been utilized exactly as planned, with no deviation from the stated objectives. The company raised 8.13 Cr, which was fully allocated for specific purposes: 2.50 Cr for capital expenditure, 3.59 Cr for working capital requirements, and 2.03 Cr for general corporate expenditure. This confirmation, reviewed by the Audit Committee, assures investors that the capital was deployed transparently and in line with shareholder approvals.

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