Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached voting result in (Annexure - A) of the Extra Ordinary ....
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NHC Foods Limited held an Extra Ordinary General Meeting on July 18, 2025, where all three resolutions were passed with the required majority. Resolution 1 (Ordinary) approved an increase in the Authorised Share Capital of the company with 100% votes in favour (12,11,45,016 votes). Resolution 2 (Special) approved the issue of warrants convertible into equity shares on a preferential basis to a non-promoter public group category investor, passing with 99.78% votes in favour. Resolution 3 (Special) approved the change in designation of Mr. Satyam Joshi (DIN: 03638066) from Executive Director to Managing Director, which also passed with 99.78% in favour. Total equity shares outstanding stand at 59,27,50,000, with about 17% of shares participating in the voting.
Shareholders have approved raising fresh capital via preferential warrants to a non-promoter investor, which could lead to equity dilution once warrants are converted. The authorised share capital has also been increased to accommodate this and any future issuances. The elevation of Mr. Satyam Joshi to Managing Director signals a leadership change at the top of the company.