NHC Foods Limited announced on July 21, 2025, that it has entered into a Memorandum of Understanding (MoU) with Lotmor Brands Private Limited to manufacture a range of beverages and similar products. The company informed the stock exchanges about the development in a regulatory filing under SEBI’s Listing Obligations and Disclosure Requirements.
According to the filing, the MoU grants NHC Foods the manufacturing rights for Lotmor’s beverages and allied products across the agreed territory. The MoU will remain in force for a period of two years from the date of execution. At the end of this period — or earlier if mutually agreed — a definitive manufacturing agreement with detailed terms and conditions will be signed by both parties.
There is no upfront consideration involved in signing the MoU, and it does not constitute a related-party transaction. NHC Foods highlighted that this move is a strategic step to diversify its business portfolio into the beverages sector, aligning with emerging market trends and evolving consumer preferences.
The company stated, “Upon execution of this MoU and the subsequent manufacturing agreement, NHC will become the manufacturer of various beverages and similar products of Lotmor Brands Private Limited.”
The agreement marks NHC Foods’ entry into a new product segment, aimed at leveraging growth opportunities in the fast-evolving beverages and allied products market.
For records, the MoU is domestic in nature, involves no share exchange or joint venture ratio, and carries terms typical for an arrangement of this size and scope.
