NHC Foods announced the launch of Kap’s Delight Recipe Mixes on September 4, 2026. The new product line comprises 11 mixes designed to offer convenience and authentic taste to modern consumers.

The company, established in 1960, aims to strengthen its presence in the value-added food segment through this initiative. The launch targets busy professionals, students, and the HORECA sector.

Product Details

Kap’s Delight Recipe Mixes are formulated to reduce preparation time while maintaining quality. Each pack contains two sachets providing up to 8 servings. The products are developed without added milk solids, differentiating them from several existing market offerings.

The initial range includes:

• Butter Chicken Spice Mix
• Chicken Curry Spice Mix
• Shahi Biryani Spice Mix
• Marinade Mix Tandoori Chicken Spice Mix
• Lemon Herb Chicken Spice Mix
• Vegetable Kadhai Spice Mix
• Shahi Paneer Spice Mix
• Paneer Tikka Spice Mix
• Paneer Butter Spice Mix
• Muter Paneer Spice Mix
• Dal Makhani Spice Mix

Strategic Focus

Satyam Joshi, Managing Director, stated that the launch addresses growing demand for convenient cooking solutions. He highlighted the focus on quality, taste, affordability, and ease of preparation.

Joshi noted that the products address limitations of current offerings, such as smaller portion sizes and the use of milk powders. The company seeks to provide a consistent cooking experience across preparations.

NHC Foods has confirmed the book closure period for its 34th Annual General Meeting (AGM), scheduled for September 25, 2026. The register of members will remain closed from September 19 to September 25, 2026, inclusive. This cut-off determines eligibility for voting on key resolutions, including a ₹53.76 crore warrant issue.

The Board of Directors approved the AGM agenda during a meeting on September 1, 2026. The company also appointed M/s. Nikunj Kanabar & Associates as its secretarial auditor for five years, effective September 1, 2026.

Auditor Transition Details

The outgoing auditor, M/s. DM & Associates Company Secretaries LLP, ceased operations on August 31, 2026. The firm cited internal resource allocation and professional commitments as reasons for stepping down. It confirmed no other material reasons for the resignation.

M/s. Nikunj Kanabar & Associates brings over eight years of experience in corporate secretarial compliance and governance. The Mumbai-based firm specializes in Companies Act, SEBI regulations, FEMA, and stock exchange compliance. The new firm will conduct the secretarial audit for financial years 2026-27 through 2030-31, subject to shareholder approval at the upcoming annual general meeting.

Preferential Allotment of Convertible Warrants

The company proposes to issue up to 25,60,00,000 convertible warrants on a preferential basis to non-promoter category allottees. The issue price is set at ₹2.10 per warrant, aggregating to ₹53.76 crore.

Satyam S Joshi HUF, where Satyam Shirishchandra Joshi serves as Managing Director, is the largest proposed allottee with 14,00,00,000 warrants. Other allottees include Janak Jitendra Doshi, Manish Chanda HUF, and various relatives of directors.

The warrants carry an exercise period of 18 months from the date of allotment. Upon conversion, equity shares will be allotted pari passu with existing shares. The proceeds will be utilized for capital expenditure, working capital requirements, general corporate purposes, and issue-related expenses.

Borrowing and Investment Limits

Shareholders will be asked to approve an enhancement in limits under Section 180(1)(a) and Section 180(1)(c) of the Companies Act, 2013. The current limit of ₹500 crore is proposed to be increased to ₹2,000 crore for selling, leasing, or transferring assets and for borrowing money.

Additionally, the company seeks approval under Section 185 and Section 186 of the Companies Act, 2013, to advance loans, give guarantees, or make investments up to ₹2,000 crore. This increase aims to provide greater financial flexibility and support business expansion plans.

Authorised Share Capital Increase

The company proposes to increase its authorised share capital from ₹100 crore to ₹2,000 crore. This involves increasing the number of equity shares from 100 crore to 2,000 crore, each with a face value of ₹1. The paid-up share capital remains at ₹76.19 crore as of March 31, 2026.

AGM Schedule and Logistics

The company scheduled its 34th Annual General Meeting for September 25, 2026, at 12:30 pm. Shareholders must be on record during the book closure period to attend or vote. The register of members will remain closed from September 19, 2026, to September 25, 2026, inclusive. This cut-off date determines eligibility for voting on resolutions set out in the AGM notice.

E-Voting and Communication

The Notice calling the AGM along with the Annual Report for FY25-26 will be sent only by electronic mode to members whose email addresses are registered. Documents are also available on the company website and BSE Limited.

Members holding shares in dematerialized mode must register or update their email addresses with their Depository Participants. Physical mode shareholders should contact the Registrar and Share Transfer Agent, Skyline Financial Services Private Limited, or the company directly.