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.

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.

NHC Foods Limited, a company listed on the Bombay Stock Exchange, has announced significant changes in its leadership and compliance structure following its 33rd Annual General Meeting (AGM).

Director Designation Change

Shareholders at the AGM approved the change in designation of Mr. Ashish Ashokkumar Shah from Non-Executive Director to Executive Director. Mr. Shah, who holds Commerce and LLB degrees from M.S. University, brings over 15 years of experience in Accounts and Taxation to his new executive role.

The company clarified that Mr. Shah is not related to any other director on the board and has not been debarred from holding a directorship position. This move suggests a more active role for Mr. Shah in the company's day-to-day operations, potentially leveraging his extensive experience in financial matters.

Appointment of New Secretarial Auditors

In another significant development, the shareholders approved the appointment of M/s. DM & Associates Company Secretaries LLP as the company's Secretarial Auditors. The firm has been appointed for a term of five consecutive years.

The appointment of DM & Associates was initially proposed by the board, subject to shareholder approval, which has now been granted at the AGM. The firm is led by Mr. Dinesh Deora, a professional with over three decades of experience in Finance, Legal, Taxation, and regulatory services.

Other AGM Proceedings

The AGM, conducted through video conferencing, also addressed other important matters:

1. Adoption of audited standalone and consolidated financial statements
2. Re-appointment of Mr. Ashish Ashokkumar Shah as a director, who was retiring by rotation
3. Enhancement of limits under Section 186 of the Companies Act, 2013

Trading Window Closure

Following the AGM, NHC Foods Limited announced the closure of its trading window for insiders. This closure will remain in effect until 48 hours after the declaration of financial results for the half-year, in compliance with SEBI regulations.

These developments indicate NHC Foods Limited's commitment to strengthening its governance structure and ensuring compliance with regulatory requirements. The change in Mr. Shah's role to an executive position and the appointment of experienced secretarial auditors may signal the company's focus on enhancing its financial management and regulatory compliance capabilities.