NHC Foods Limited announced the outcome of its Board Meeting held on November 7, 2026. The board approved the standalone and consolidated un-audited financial results for the quarter and half year ended September 30, 2026. Key decisions included a strategic investment of 99.98% stake in M/s. SACHMAAS FOODS (Partnership Firm) for ₹1.80 crore, appointment of an Additional Director, and confirmation of a new Company Secretary.
NHC Foods Board Meeting Highlights
NHC Foods Limited convened its Board Meeting on November 7, 2026, during which several critical business decisions were made. The board has approved the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report. These results were prepared in accordance with Indian Accounting Standards.
Strategic Investment in Sachmaas Foods
A significant outcome of the meeting was the approval of an investment in M/s. SACHMAAS FOODS (Partnership Firm), acquiring a 99.98% stake. SACHMAAS FOODS is engaged in the manufacturing, processing, repacking, and dealing of various food products, including Chick Peas and Peanuts. The investment, costing ₹1,80,00,000/-, is aimed at expanding NHC Foods’ business and creating synergy with its existing operations. This investment does not constitute a related party transaction.
Key Appointments
The Board also approved the appointment of Mr. Jayesh Dhirajlal Shah (DIN: 08253234) as an Additional Director, designated as an Executive Director, effective from November 7, 2026. Additionally, Ms. Alesha Hakim Khan has been appointed as the Company Secretary and Compliance Officer, also effective from November 7, 2026.
Shareholder Approval and Record Date
To facilitate further corporate actions, the company approved the Draft Postal Ballot Notice for shareholder approval. The record date for determining the entitlement of shareholders for e-voting on the postal ballot has been set as November 6, 2026.
Financial Highlights (Standalone)
For the quarter ended September 30, 2026, NHC Foods reported a total income of ₹14,523.05 lakhs and a profit before tax of ₹646.32 lakhs. The profit for the year stood at ₹480.67 lakhs. For the half year ended September 30, 2026, total income was ₹26,673.06 lakhs with a profit before tax of ₹1,087.96 lakhs and a profit for the year of ₹859.12 lakhs. The basic earnings per share for the quarter were ₹0.06 and for the half year were ₹0.11.
Source: BSE
