NHC Foods Limited announced its Board Meeting outcome for November 07, 2026. The company approved its Standalone & Consolidated Un-Audited Financial Results for the quarter and half year ended September 30, 2026. A significant strategic move was the approval of a 99.98% stake acquisition in M/s. SACHMAAS FOODS (Partnership Firm) for Rs. 1,80,00,000/-, a firm engaged in food product manufacturing and dealing. Additionally, the board appointed Mr. Jayesh Dhirajlal Shah as an Additional Director and Ms. Alesha Hakim Khan as Company Secretary and Compliance Officer.
NHC Foods Board Meeting Approves Key Decisions
NHC Foods Limited convened its Board Meeting on November 07, 2026, announcing several pivotal decisions impacting its financial reporting, strategic growth, and corporate governance. The Board has approved the Standalone & Consolidated Un-Audited Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report, as recommended by the Audit Committee.
Strategic Investment in SACHMAAS FOODS
In a significant move to expand its business operations, NHC Foods has approved the acquisition of a 99.98% stake in M/s. SACHMAAS FOODS (Partnership Firm). This firm specializes in the manufacturing, processing, repacking, and dealing of various food products, including Chick Peas and Peanuts. The strategic investment, valued at Rs. 1,80,00,000/-, is expected to create synergy and expand the existing business of NHC Foods Limited. The acquisition is considered a strategic investment and not a related party transaction.
Key Appointments Strengthen Governance
The Board also focused on strengthening its leadership and compliance functions. Mr. Jayesh Dhirajlal Shah (DIN: 08253234) was appointed as an Additional Director (Executive), effective from November 07, 2026, subject to shareholder approval. Furthermore, Ms. Alesha Hakim Khan (ACS 55659) has been appointed as the Company Secretary and Compliance Officer, bringing over 10 years of experience in Corporate Law and Securities Law.
Shareholder Approval and E-voting
To facilitate key corporate actions, the company approved the Draft Postal Ballot Notice to seek shareholder approval for agenda items. A cut-off/record date of November 06, 2026, has been set for the submission of the Postal Ballot Notice and for determining shareholder entitlement for E-Voting. Mr. Nikunj Kanabar has been appointed as the Scrutinizer for the E-voting process.
Financial Highlights
The unaudited standalone financial results for the quarter ended September 30, 2026, show a Profit Before Tax of Rs. 646.32 Lakhs, with a Profit for the year of Rs. 480.67 Lakhs. Total comprehensive income stood at Rs. 0.83 Lakhs. The standalone balance sheet as at September 30, 2026, reports Total Assets of Rs. 44,388.81 Lakhs and Total Equity of Rs. 13,343.93 Lakhs. The cash flow statement indicates Net Cash Generated from Operating Activities of Rs. 803.59 Lakhs for the half-year ended September 30, 2026.
Source: BSE
