NHC Foods Limited’s equity capital has increased following the conversion of Foreign Currency Convertible Bonds (FCCBs) into equity shares. Global Focus Fund was allotted 10,41,77,040 equity shares on August 5, 2026. This transaction has resulted in a total of 76,19,27,040 equity shares outstanding, representing a 13.67% stake for Global Focus Fund. The company’s total diluted share capital has seen a corresponding rise.
NHC Foods Reports Equity Capital Increase Following FCCB Conversion
NHC Foods Limited has announced a significant change in its equity structure due to the conversion of Foreign Currency Convertible Bonds (FCCBs) into equity shares. The disclosure, made by Global Focus Fund, details the allotment of 10,41,77,040 equity shares to the fund. This conversion occurred on August 5, 2026, and the shares were subsequently credited to Global Focus Fund’s demat account.
Global Focus Fund’s Increased Stake
Following this allotment, Global Focus Fund now holds a total of 10,41,77,040 equity shares in NHC Foods Limited. This represents approximately 13.67% of the total diluted share capital. The acquisition was conducted through the conversion of FCCBs, as detailed in the disclosures filed under relevant regulations.
Impact on Company’s Capital Structure
The conversion of FCCBs has led to an increase in NHC Foods Limited’s total issued equity share capital. Before this event, the company had 65,77,50,000 equity shares. Post-conversion, the total number of equity shares has risen to 76,19,27,040, each with a face value of Re. 1/-. Consequently, the total diluted share capital has also been updated to reflect this new figure.
Source: BSE
