
Shareholding11 Aug 2026, 05:44 pm
Global Focus Fund Acquires 13.67% Stake in NHC Foods via FCCB Conversion
AI Summary
Global Focus Fund has acquired a 13.67% stake in NHC Foods Limited through the conversion of Foreign Currency Convertible Bonds (FCCBs) into equity shares. The allotment of 10,41,77,040 equity shares was credited to their demat account on August 5, 2026. This transaction, disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, significantly increases Global Focus Fund's holding in NHC Foods. The total equity share capital of NHC Foods has increased post-acquisition.
Key Highlights
- Global Focus Fund converted FCCBs into 10,41,77,040 NHC Foods shares.
- This acquisition represents a 13.67% stake in NHC Foods.
- The transaction is compliant with SEBI's substantial acquisition regulations.
- Shares were credited to the fund's demat account on August 5, 2026.
Price Impact
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