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NHC Foods Limited allots 47,42,00,000 equity shares on rights basis

Posted On: 2024-12-23 23:24:53 (Time Zone: IST)


The Rights Issue Committee (the "Committee") of NHC Foods Limited passed the resolution on December 23, 2024 for considering and approving the allotment of 47,42,00,000 fully paid-up Equity Shares at an issue price of ? 1 per Equity Share to eligible public shareholders or applicants (renouncee), as the case may be pursuant to the Rights Issue.

Accordingly, the paid-up equity share capital of the Company has been increased from ?11,85,50,000 to ? 59,27,50,000 by addition of 47,42,00,000 equity shares.

The said fully paid-up Equity Shares allotted to eligible public shareholders or applicants (renouncee), as the case may be, shall rank pari-passu in all respect with the existing fully paid-up Equity Shares of the Company.


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