Description
NHC FOODS LIMITED lists 2.1 crore equity shares issued on preferential basis pursuant to conversion of warrants, with lock-in until July 30, 2026.
Summary
BSE has approved the listing of 2,10,00,000 equity shares of NHC FOODS LIMITED (Scrip Code: 517554) issued to non-promoters on a preferential basis pursuant to conversion of warrants. Trading will commence on January 22, 2026, with shares locked-in until July 30, 2026.
Key Points
- 2.1 crore equity shares of Re. 1/- each issued at premium of Rs. 0.25
- Issued to non-promoters on preferential basis through warrant conversion
- Trading starts: January 22, 2026
- Issue price: Rs. 1.25 per share
- Distinctive Numbers: 592750001 to 613750000
- Date of allotment: October 27, 2025
- ISIN: INE141C01036
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. Standard listing procedure for preferential issue pursuant to warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period compliance required until July 30, 2026
- All 2.1 crore shares subject to lock-in restrictions
Important Dates
- Allotment Date: October 27, 2025
- Trading Start Date: January 22, 2026
- Lock-in Expiry: July 30, 2026
Impact Assessment
Limited immediate market impact as all newly listed shares are under lock-in until July 30, 2026. The preferential issue to non-promoters represents capital raising through warrant conversion. No free float increase until lock-in period expires. Standard corporate action with no unusual conditions or market disruption expected.
Impact Justification
Routine listing of preferential shares from warrant conversion with standard lock-in period. Limited market impact due to lock-in restrictions.