NHC Foods Limited has submitted a regulatory disclosure to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure concerns the closure of the company's Foreign Currency Convertible Bonds (FCCBs) issuance. The Board of Directors had approved the opening of this issue during their meeting held on May 27, 2026.
The key details of the FCCB issue are as follows:
- Issue Size: USD 27 million (not exceeding approximately INR 258 crore)
- Coupon Rate: 1.5%
- Security: Unsecured
- Issue Price: Issued at a 10% discount
- Issue Date: May 27, 2026
- Closure Date: The issue was closed at the end of business hours on May 28, 2026
Outcome: The offering was fully subscribed in accordance with the terms specified in the Offering Circular. The company has successfully raised the full amount of USD 27 million from this offering.
The intimation was signed and submitted by Mr. Satyam S Joshi, Managing Director (DIN: 03638066), on behalf of NHC Foods Limited.