NHC Foods Limited: Satyam Joshi Acquires 2.10 Crore Shares Through Warrant Conversion

1 min read     Updated on 21 Jan 2026, 05:35 PM
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Shriram SScanX News Team
Overview

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 Day5 Days1 Month6 Months1 Year5 Years
-6.49%-12.20%-12.20%-35.14%-55.83%+227.27%
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NHC Foods Limited Announces Subsidiary Name Change to NHC International L.L.C-FZ

1 min read     Updated on 15 Dec 2025, 07:13 PM
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Reviewed by
Naman SScanX News Team
Overview

NHC Foods Limited has announced a corporate restructuring involving the renaming of its subsidiary from Intra Metal Trading LLC-FZ to NHC International L.L.C-FZ, effective December 15, 2025. The company notified BSE Limited about this change in compliance with SEBI regulations. Vijay Mukesh Thakkar, the Company Secretary and Compliance Officer, signed the official communication.

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NHC Foods Limited has announced a significant corporate restructuring involving the name change of one of its subsidiary companies. The company formally notified BSE Limited about this development on December 15, 2025, ensuring compliance with regulatory requirements.

Subsidiary Name Change Details

The subsidiary company has undergone a complete rebranding, transitioning from its previous identity to align with the parent company's nomenclature. This strategic move reflects the company's efforts to create a more cohesive corporate structure.

Parameter Details
Previous Name Intra Metal Trading LLC-FZ
New Name NHC International L.L.C-FZ
Effective Date December 15, 2025
Notification Authority BSE Limited

Regulatory Compliance

The notification was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and corporate changes that could impact investor decisions.

Vijay Mukesh Thakkar, serving as Company Secretary and Compliance Officer, signed the official communication to BSE Limited. The company has requested the stock exchange to take this information on record, ensuring proper documentation of the corporate change.

Company Information

NHC Foods Limited operates as an ISO 22000:2005 certified company and holds the status of a Government Recognised Three Star Export House. The company's corporate office is located in Mumbai, while the registered factory office is situated in Gujarat.

This name change represents part of the company's ongoing corporate governance practices, ensuring transparency and proper communication with regulatory authorities and stakeholders. The rebranding of the subsidiary to NHC International L.L.C-FZ aligns with the parent company's nomenclature.

Historical Stock Returns for NHC Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-6.49%-12.20%-12.20%-35.14%-55.83%+227.27%
NHC Foods
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