Hindustan Foods has informed that Hindustan Foods (HFL or the Company) has received an In-principle Approval from BSE vide letter no. LOD/PREF/TT/FIP/958/2023-24 dated December 12, 2023 and from National Stock Exchange of India vide letter no. NSE/LIST/37707 dated December 12, 2023 for Issue of 56,75,054 convertible warrants into Equity Share of face value of Rs. 2 each fully paid-up to Qualified Institutional Buyers (QIBs) at a price of Rs. 546.25 Rupees Five Hundred Forty Six and Paise Twenty Five Only) per Warrant and 15,96,027 convertible warrants into Equity Share of face value of Rs. 2each fully paid-up to Non- Qualified Institutional Buyers (Non?QIBs) at a Price of Rs. 563.90 (Rupees Five Hundred Sixty Three and Paise Ninety Only) per Warrant on preferential basis under non-promoter category for cash in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
