NHC Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve consider and approve Issuance of ....
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NHC Foods Ltd has scheduled a Board Meeting on May 27, 2026 to consider and approve the issuance of Foreign Currency Convertible Bonds (FCCBs). The company has already received in-principle approval from BSE (dated April 28, 2026) and shareholder approval via postal ballot conducted from February to March 2026. The issuance is subject to receipt of applicable regulatory and statutory approvals. The trading window for equity shares remains closed since April 1, 2026, and will continue until 48 hours after the board meeting outcome.
FCCB issuance could dilute equity but may bring in foreign currency funds; shareholders should monitor conversion terms and potential dilution impact on their holdings.