NHC Foods

NHC Foods Ltd’s board approved and signed a Letter of Intent on 2 July to acquire Agriconnect Solutions Private Limited, a Mumbai‑based supplier and trader of agricultural commodities. The target, incorporated in March 2021, reported audited revenues of ₹117.6 crore for FY25, down from ₹360.8 crore in FY24, with a modest profit of ₹2.9 lakh last year. The acquisition is expected to add procurement and distribution synergies to NHC Foods’ existing business and provide the working capital needed to expand the target’s operations. No consideration has been fixed; the parties will obtain an independent valuation after a three‑month due‑diligence period. The deal does not involve any promoter‑group interest and will not require regulatory approvals. NHC Foods, a government‑recognised three‑star export house, intends to complete the acquisition within three months of the LOI.

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July 2 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS - SIGNS LOI TO BUY AGRICONNECT SOLUTIONS PRIVATE

Source text: ID:nBSEJHDF0

Further company coverage: NHCF.BO

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NHC Foods Ltd. allotted 10.42 crore new equity shares to FCCB holder Global Focus Fund on June 24, 2026, after receiving a partial conversion notice for 11 bonds worth USD 1.1 million. The shares were issued at a conversion price of ₹1 each, lifting paid‑up equity capital to ₹76.19 crore. The remaining 259 FCCBs of USD 100,000 each remain listed on Afrinex Exchange. The conversion swells the outstanding share count by about 15.8% for the nano‑cap company.

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May 27 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS LTD - APPROVES ISSUE OF US$ 27 MILLION FCCBS

Source text: ID:nBSE6d3ryc

Further company coverage: NHCF.BO

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May 13 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS LTD - TO CONSIDER ISSUANCE OF FOREIGN CURRENCY CONVERTIBLE BONDS

Source text: ID:nBSE2Wl1kn

Further company coverage: NHCF.BO

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April 20 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS - ACQUISITION OF 100% STAKE IN CONQUER ENTERPRISES BY NHC INTERNATIONAL

• NHC FOODS LTD - COST OF ACQUISITION US$ 129,032

Source text: ID:nBSE1J25p6

Further company coverage: NHCF.BO

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Feb 9 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS LTD - APPROVED RAISING OF FUNDS FOR AN AMOUNT NOT EXCEEDING USD 27 MILLION

Source text: ID:nBSE6K4nRM

Further company coverage: NHCF.BO

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March 6 (Reuters) - Nhc Foods Ltd NHCF.BO:

• APOORVA SHAH RESIGNS AS CHAIRMAN AND MANAGING DIRECTOR

• SATYAM JOSHI APPOINTED AS MANAGING DIRECTOR FOR THREE YEARS

Source text: ID:nBSE99XPQL

Further company coverage: NHCF.BO

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Jan 15 (Reuters) - Nhc Foods Ltd NHCF.BO:

• TO CONSIDER FUND RAISING

Source text: ID:nBSE1F2Qck

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Jan 10 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS LTD - BOARD APPROVES SESAME SEEDS CLEANING AND HULLING PLANT AT PARDI

• NHC FOODS LTD - PLANT EXPECTED TO BE OPERATIONAL WITHIN SIX TO TWELVE MONTHS

• NHC FOODS - PROJECTED TO SIGNIFICANTLY ENHANCE CO'S REVENUE, PROFITABILITY

• NHC FOODS LTD - CONSIDERS SUBSTANTIAL INVESTMENT IN INWELCO SCIENCE

Source text: ID:nBSE3pSkR6

Further company coverage: NHCF.BO

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Dec 4 (Reuters) - Nhc Foods Ltd NHCF.BO:

• NHC FOODS - RIGHTS ISSUE TO OPEN ON DEC 5

• NHC FOODS LTD - RIGHTS ISSUE PRICE AT 1 RUPEE PER SHARE

Source text: ID:nBSEbBJKGV

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By Rishika Sadam

HYDERABAD, May 2 (Reuters) - India's food safety regulator said on Thursday it had ordered nationwide testing and inspections at all companies making spice mixes, widening a crackdown on the sector as global regulators investigate contamination issues with two popular local brands.

Hong Kong last month suspended sales of three spice blends made by India's MDH and an Everest spice mix for fish curry. Singapore ordered a recall of the same Everest mix as well, flagging high levels of ethylene oxide, which is unfit for human consumption and a cancer risk with long exposure.

MDH and Everest products are hugely popular in India and also sold in Europe, Asia and North America, and the companies have said they are safe. Still, U.S. and Australian food authorities said they are gathering more information on the matter, and India had already ordered testing of the two brands' products.

The Indian regulator has now ordered officials to conduct "extensive inspections, sampling and testing at all the manufacturing units", for powdered spices, with a focus on those making curry powders and mixed spice blends for local and foreign sales.

"Each of the product sampled will be analysed for the compliance with quality and safety parameters," the Food Safety and Standards Authority of India said in a statement.

The agency added checks would also be made for any presence of ethylene oxide, whose use is banned in India, and "appropriate actions will be initiated as fit" after testing was completed.

India is the world's biggest exporter, producer and consumer of spices, and its domestic market for the products was valued at $10.44 billion in 2022, according to Zion Market Research.

Beyond MDH and Everest, other major manufacturers include Madhusudan Masala MADD.NS, NHC Foods NHCF.BO and consumer giants Tata Consumer Products TACN.NS and ITC ITC.NS.

(Reporting by Rishika Sadam; Editing by Aditya Kalra and Jamie Freed)

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Nov 24 (Reuters) - Nhc Foods Ltd NHCF.BO:

• AKANSH SHAH TENDERED RESIGNATION AS CHIEF FINANCIAL OFFICER

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Nov 15 (Reuters) - Nhc Foods Ltd NHCF.BO:

• TO CONSIDER PROPOSAL OF ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE7kKQb4

Further company coverage: NHCF.BO

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April 3 (Reuters) - Nhc Foods Ltd NHCF.BO:

• AWDHESHKUMAR KANNAUJIA RESIGNS AS CFO

Source text for Eikon: ID:nBSE3H2vVC

Further company coverage: NHCF.BO

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