NHC Foods to raise Rs 25-cr through QIP

Would utilize this fund to meet working requirement for its proposed expansion plans

NHC Foods Ltd is planning to raise Rs 25 crore through qualified institutional placements (QIPs) in March 2013.

The compnay has been engaged in the manufacture and export of a wide range of spices, oilseeds and other food products,

The company would utilize this fund to meet the working requirement for its proposed expansion plans.