Corporate Action24 Jun 2026, 07:10 pm
NHC Foods Allots Shares on FCCB Conversion
AI Summary
NHC Foods Ltd announced the allotment of 10,41,77,040 fully paid-up equity shares of face value INR 1/- each at a conversion price of INR 1/- per equity share to M/s. Global Focus Fund. This allotment is a result of the partial conversion of 1.50% Unsecured Foreign Currency Convertible Bonds ('FCCBs') with a principal value of USD 11,00,000. Following this conversion, the company's paid-up equity share capital has increased to INR 76,19,27,040/-. Additionally, 259 FCCBs with a principal amount of USD 1,00,000/- remain outstanding.
Key Highlights
- Equity shares allotted upon partial conversion of FCCBs.
- 10,41,77,040 shares issued at INR 1/- each.
- Paid-up equity capital increased to INR 76,19,27,040.
- USD 11,00,000 principal value of FCCBs converted.
- 259 FCCBs remain outstanding post-conversion.
Price Impact
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