Key Quantitative Figures

  • Proposed acquisition of 88% stake in Lotmor Brands Private Limited
  • Proposed acquisition of 80% stake in Walya's Beverages Private Limited
  • Consideration price: ₹6.50 per share (cash or equity share swap)
  • Lotmor Brands financials: FY23 turnover ₹2.46 crore, FY24 turnover ₹2.60 crore, FY25 turnover ₹1.80 crore
  • Walya's Beverages financials: FY23 turnover nil, FY24 turnover ₹0.71 crore, FY25 turnover ₹0.22 crore
  • India's carbonated beverage market projection: ₹2 lakh crore by FY28 at 11% CAGR
  • Lotmor's retail footprint: 20+ states and 22,000+ retail outlets
  • Target expansion: 700+ modern trade stores and 400+ distributor network
  • Recent preferential issue: ₹53.76 crore convertible warrants
  • FCCB conversion: 19 bonds converted into 18.18 crore equity shares
  • Q1FY27 performance: Consolidated net profit increased 924% YoY

Dates of Action

  • Board appointment effective: September 16, 2026
  • Consideration price determination: May be determined after six months per SEBI ICDR Regulations

Parties Involved

  • NHC Foods Limited (BSE: 517554, ISIN: INE141C01036)
  • Lotmor Brands Private Limited (acquired company)
  • Walya's Beverages Private Limited (acquired company)
  • Mr. Satyam Shirishchandra Joshi (Managing Director, DIN: 03638066)
  • Mr. Suryakant Dhondu Walavalkar (newly appointed Executive Director, Founder and MD of Lotmor Brands)
  • Reliance Smart, D'Mart (retail partners mentioned)
  • Quick commerce platforms (distribution partners mentioned)

Purpose and Rationale

  • Strengthen procurement and distribution capabilities
  • Complement existing business across food and beverage value chain
  • Build integrated food business ecosystem
  • Create stronger linkages between sourcing, processing, distribution and end market
  • Participate in wider part of food business while utilizing existing capabilities
  • Provide scalable base for company's next phase of expansion
  • Strategic positioning at intersection of food, innovation, and nostalgia

Operational Impact

  • Adds established food and beverage operations with positive cash flows
  • Expands presence across food and beverage value chain
  • Broadens product and market reach
  • Integrates capital-efficient manufacturing model
  • Adds extensive product portfolio
  • Expands to over 20 states and 22,000 retail outlets

Leadership Update

  • Mr. Suryakant Dhondu Walavalkar appointed as Additional Director designated as Executive Director
  • Brings over 28 years of experience across modern trade, distribution and supply chain management
  • Appointment subject to shareholder approval

Additional Business Developments

  • Binding Heads of Terms for proposed manufacturing facility in Liberia
  • Recent preferential issue of convertible warrants worth ₹53.76 crore
  • Conversion of 19 Foreign Currency Convertible Bonds into 18.18 crore equity shares
  • Strong Q1FY27 performance with 924% YoY net profit growth supported by higher revenue and volumes

#Tags: #NHCFoods #Acquisition #SEBIDisclosure #RegulatoryCompliance #BusinessExpansion #Positive