BSECompany Update4 Oct 2026 · 4 Oct 2026, 01:31 pm

We would like to inform you that the Conquer Enterprises Limited, Foreign Step-down Subsidiary Company of NHC Foods Limited has signed Non-Binding Letter of Intent for Proposed Acquisition of 75% Equity Interest in DNR VENTURES PTE LTD, Singapore.

NHC Foods Ltd · 517554

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NHC Foods Ltd's foreign step-down subsidiary, Conquer Enterprises Limited, has signed a non-binding letter of intent to acquire 75% equity interest in DNR VENTURES PTE LTD, Singapore for USD 5.5 million. The proposed acquisition is subject to due diligence, definitive transaction documents, corporate approvals, and regulatory consents.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment5/10

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Full Announcement

NHC Foods Ltd - 517554 - Announcement under Regulation 30 (LODR)-Acquisition

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Date: October 04, 2026 The Listing/ Compliance Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 517554 ISIN: INE141C01036 Subject: Intimation regarding signing of Non-Binding Letter of Intent for Proposed Acquisition of 75% Equity Interest in DNR VENTURES PTE LTD, Singapore Reference: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform that the Conquer Enterprises Limited, Foreign Step-down Subsidiary Company of NHC Foods Limited has signed Non-Binding Letter of Intent for Proposed Acquisition of 75% Equity Interest in DNR VENTURES PTE LTD, Singapore, for the proposed consideration of USD 5.5 Million. However, the proposed Acquisition is subject to satisfactory due diligence, mutually agreed definitive transaction documents, applicable corporate approvals and all required regulatory or third-party consents. This is for your information and records. Thanking You. Yours faithfully, For NHC FOODS LIMITED SATYAM SHIRISHCHANDRA JOSHI MANAGING DIRECTOR DIN: 03638066