NHC Foods Limited: Satyam Joshi Acquires 2.10 Crore Shares Through Warrant Conversion
Satyam Joshi acquired 2,10,00,000 equity shares of NHC Foods Limited through warrant conversion on January 19, 2026, increasing his shareholding from 4.38% to 7.65%. The transaction was executed through preferential allotment, expanding the company's equity capital from 59.28 crore to 61.38 crore shares. Joshi retains 4.40 crore warrants for potential future conversion, representing 6.69% of diluted capital.

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Satyam Joshi, Managing Director of nhc foods Limited, has acquired a substantial stake in the company through warrant conversion, as disclosed in a regulatory filing to BSE Limited on January 20, 2026.
Share Acquisition Details
The acquisition involved the conversion of warrants into 2,10,00,000 equity shares, which were credited to Joshi's demat account on January 19, 2026. The transaction was executed through preferential allotment as part of the warrant conversion process.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired: | 2,10,00,000 equity shares |
| Mode of Acquisition: | Preferential allotment (warrant conversion) |
| Credit Date: | January 19, 2026 |
| Share Value: | Re. 1/- each |
Shareholding Pattern Changes
The warrant conversion significantly altered Joshi's shareholding position in NHC Foods Limited. His voting rights increased substantially following the transaction.
| Shareholding Metric: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Shares Held: | 2,59,80,993 | 4,69,80,993 | +2,10,00,000 |
| Voting Rights (%): | 4.38% | 7.65% | +3.27% |
| Diluted Capital (%): | 3.95% | 7.14% | +3.19% |
| Remaining Warrants: | 6,50,00,000 | 4,40,00,000 | -2,10,00,000 |
Company Capital Structure Impact
The warrant conversion resulted in an expansion of NHC Foods Limited's equity share capital. The company's total issued and paid-up capital increased following the allotment.
| Capital Structure: | Before Transaction | After Transaction |
|---|---|---|
| Equity Share Capital: | 59,27,50,000 shares | 61,37,50,000 shares |
| Total Diluted Capital: | - | 65,77,50,000 shares |
| Par Value: | Re. 1/- per share | Re. 1/- per share |
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Joshi, who does not belong to the promoter or promoter group, filed the necessary documentation with BSE Limited, where NHC Foods Limited shares are listed under scrip code 517554.
Outstanding Convertible Securities
Following the current conversion, Joshi retains 4,40,00,000 warrants, representing 6.69% of the company's total diluted share capital. These remaining convertible securities provide potential for further equity participation in the company.
Historical Stock Returns for NHC Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.49% | -12.20% | -12.20% | -35.14% | -55.83% | +227.27% |




































