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 has announced a major corporate action involving the conversion of warrants into equity shares. The Board of Directors approved the allotment of 4.4 crore equity shares to a non-promoter investor on December 24, 2025, marking a significant development in the company's capital structure.

Latest Warrant Conversion Details

The company's board meeting held on December 24, 2025, approved the conversion of 4.4 crore convertible warrants into an equal number of equity shares. The allotment was made to Satyam Shirishchandra Joshi, a non-promoter investor, who exercised the option to convert the warrants at the predetermined price.

Exercise Price and Payment Structure

The warrant holder paid the remaining exercise price of Rs. 0.94 per warrant, representing 75% of the total warrant exercise price of Rs. 1.25 per warrant. This payment structure indicates that 25% of the exercise price was likely paid at the time of initial warrant allotment, with the remaining amount paid upon conversion.

Complete Warrant Conversion

According to the latest disclosure, Satyam Shirishchandra Joshi has now converted all outstanding warrants, with no warrants pending for conversion. This represents a complete exercise of the warrant holding, originally totaling 6.5 crore warrants, of which 2.1 crore were converted in an earlier tranche and the remaining 4.4 crore have now been converted.

Regulatory Compliance and Board Meeting

The company made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 1:00 PM and concluded at 1:30 PM on December 24, 2025. This corporate action represents the completion of a significant equity expansion for NHC Foods Limited, providing additional capital while expanding the equity base through the non-promoter investor's participation.