NHC Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve 1. To consider and approve the Standalone ....
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NHC Foods Ltd has informed BSE that its Board of Directors will meet on Thursday, May 29, 2025. The key items on the agenda include: (1) approval of the Standalone and Consolidated Audited financial results for the financial year ended March 31, 2025; (2) an increase in the Authorised Share Capital of the Company along with a corresponding amendment to the Capital clause of the Memorandum of Association; and (3) a proposal to raise funds through the issue of equity shares, convertible warrants, or other instruments via preferential allotment, subject to shareholder approval. The trading window for dealing in the company's shares has been closed since April 1, 2025, and will reopen 48 hours after the financial results are communicated to the stock exchange.
Investors should watch for the FY25 audited results on May 29 and be alert to a potential equity dilution if the proposed preferential allotment and increase in authorised share capital are approved, which could put short-term pressure on the stock price.