Archive · 28 Jul 2025
NHC Foods Partners with Lotmor for Retail Expansion, Appoints New Leaders
NHC Foods, a company that exports food, is making a big change!
They've teamed up with Lotmor Brands to start making drinks under the 'Nature Day' brand.
This means they're trying something new beyond just selling farm goods.
They want to sell these drinks in stores all over India.
The company's boss, Satyam Joshi, is excited about this.
They also made some money moves: they increased how much money the company is allowed to have and gave some shares to Mr. Joshi.
The company made a lot more money last year than the year before, which is good news!
NHC Foods signed an MoU with Lotmor Brands to manufacture beverages under the 'Nature Day' brand.
This strategic move aims to diversify NHC Foods' portfolio beyond exports and agricultural commodities.
NHC Foods plans to expand into India's organized retail sector with leading chains.
Satyam Joshi was appointed as the new Managing Director, following an EGM approval.
The company's revenue rose 63.1% to Rs. 341.41 crore, with net profit increasing by 184.7%.
- Who
- NHC Foods Limited and Lotmor Brands.
- What
- NHC Foods signed an MoU with Lotmor Brands to manufacture beverages, aiming for retail expansion and diversification.
- When
- The MoU was recently signed; Financial performance for FY 2024-25 was reported.
- Where
- Mumbai, India; focused on India's organized retail sector.
- Why
- To diversify its business, expand into retail, and capitalize on growing consumer demand.
- Company
- NHC Foods Limited
- Partnership
- Lotmor Brands
- Brand
- 'Nature Day'
- New MD
- Satyam Joshi
- Revenue (FY24-25)
- Rs. 341.41 crore
- Net Profit Increase
- 184.7%
- New CFO
- Manoj Kumar Sharma
- New Company Secretary
- Vijay Thakkar