NHC Foods Ltd — Important, 04-06-2026: Company Update
04-06-2026 | 05:20 pm
04-06-2026 | 05:20 pm
The company has clarified a typographical error, confirming its wholly-owned subsidiary's correct name as NHC International UK Limited. The Board of Directors has approved an investment of USD 24.295 million (£18.043 million) in this subsidiary. This cash investment will utilize proceeds from the previously raised Foreign Currency Convertible Bonds (FCCBs) totaling up to 258 Cr. NHC Foods Limited will receive 18,043,000 new ordinary shares, maintaining 100% ownership in the UK-based entity, which operates in the same business line. This move strengthens the company's international business strategy.
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