NHC Foods has informed that the board of directors of the company at its meeting held on October 05, 2012 have allotted 10,00,000 equity shares of Rs. 10 each at the price of Rs 22.60 per shares fully paid to up various investors (Non Promoters) as per the special resolution passed by the share holders through postal ballot.
Further, the company has informed that, the one of the promoter holder of optionally convertible redeemable preference shares (OCRPS) has exercised the right of option of conversion of OCRPS into equity shares and accordingly the board of directors at their meeting held on October 05, 2012 have allotted 15,42,400 equity shares of Rs. 10 each fully paid up on account of conversion of 15,42,400 OCRPS of Rs. 10 each (i.e. the ratio of 1 equity share for every 1 OCRPS held).
The above information is a part of company's filings submitted to BSE.
