India, Sept. 29 -- The agri-commodities and food products company, NHC Foods Limited, has cleared a shareholder vote that could change how it pays for its next stage of growth. The timing is interesting. The company is adding food and beverage businesses, looking at manufacturing overseas, and has just reported a far stronger quarter than it did a year ago. What exactly shareholders approved, why management wanted it now, and what the latest numbers say about the business are all covered in this report.

Shares of NHC Foods Ltd are trading at Rs. 1.72, up 2.99 percent on Tuesday. The stock touched the intraday high of Rs. 1.75 after opening at Rs. 1.60 before slipping to a low of Rs. 1.60. The company commands a market capitalization of ...