NHC Foods Limited has made a disclosure under Regulation 30 of SEBI Listing Regulations regarding the allotment of equity shares following a partial conversion of Foreign Currency Convertible Bonds (FCCBs).
The company received a conversion notice for 19 FCCBs with a principal value aggregating USD 19,00,000 (equivalent to INR 18,18,79,020 at an exchange rate of INR 95.7258 as of 24th August, 2026).
On 25th August, 2026, the Board of Directors approved the allotment of 18,18,79,020 fully paid-up equity shares of face value INR 1 each at a conversion price of INR 1 per equity share to M/s. Emerging Market Opportunities Ltd., the FCCB holder.
Consequent to this conversion:
- The paid-up equity share capital of the company increased to INR 94,38,06,060 divided into 94,38,06,060 fully paid-up equity shares of INR 1 each
- 240 FCCBs of principal amount USD 1,00,000 remain outstanding post-conversion and continue to be listed at Afrinex Exchange
The Board Meeting for this approval commenced at 06:00 pm and concluded at 08:00 pm on 25th August, 2026.