NHC Foods Limited has submitted a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure concerns the incorporation of Conquer Enterprises LLC, a Foreign Subsidiary Company, by Conquer Enterprises Limited, which is a Foreign Step-down Subsidiary Company of NHC Foods Limited.
Key Details of the New Entity:
- Name: Conquer Enterprises LLC
- Legal Structure: Limited Liability Company
- Place of Registration: Wyoming Secretary of State, United States
- Date of Incorporation: September 16, 2026
- Country of Incorporation: Cheyenne, Wyoming, United States
- Business Activity: General Trading
- Capital Structure: Authorized Capital is noted as "Not Applicable"
- Turnover: Not applicable as it is a newly incorporated company that has yet to commence business operations
Ownership and Transaction Details:
- Conquer Enterprises Limited holds a 100% subscription to the share capital of Conquer Enterprises LLC.
- The transaction does not qualify as a related party transaction.
- No promoter/promoter group/group companies have any interest in the acquired entity.
- The consideration is through 100% subscription to share capital; no cash consideration or share swap details are provided.
- The cost of acquisition or price at which shares are acquired is noted as "Not Applicable".
Purpose and Impact:
- The incorporation aims to enhance the business operations of NHC Foods Limited in the United States and global markets.
- No governmental or regulatory approvals were required for this acquisition.
- The acquisition was completed on September 16, 2026.
Additional Information:
- The disclosure references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- The document is signed by Satyam Shirishchandra Joshi, Managing Director (DIN: 03638066) of NHC Foods Limited.