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NHC Foods Ltd has informed BSE that the company is planning to issue Foreign Currency Convertible Bonds (FCCBs). However, the necessary regulatory and statutory approvals, including the ISIN number from the concerned authority, are yet to be received. The Board will consider, approve and notify the terms and conditions of the FCCB issuance—including issue opening/closing dates and maturity—once all required approvals are in place. The board meeting lasted one hour, from 5:30 pm to 6:30 pm on May 18, 2026.
The FCCB issuance is still in preparatory stages pending regulatory clearance, so there is no immediate impact on shareholders. Once approvals are received and terms are finalized, the convertible bond issuance could bring capital into the company.