At meeting held on 05 December 2015
NHC Foods announced that the Board of Directors of the Company at its meeting held on 05 December 2015, has subject to the approvals of Shareholders, the Stock Exchange where the shares of the company are listed, decided to issue and allot 5,61,465 Equity Shares of face value of Rs. 10/- each on preferential allotment basis to Apoorva Shah the Promoter of the Company at the price to be determined in accordance with the pricing formula prescribed under Chapter VII - Preferential Issue of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 on conversion of part of the outstanding Unsecured Loan into Equity Shares.Powered by Capital Market - Live News