Himatsingka Seide Limited — QIP/Rights/Pref., 30-10-2024: Qualified Institutional Placement

Himatsingka Seide Limited has successfully completed a Qualified Institutional Placement (QIP) by issuing 2,72,85,129 equity shares at ₹146.60 each, raising ₹400 crores. This capital increase will raise the paid-up equity share capital from ₹49.23 crores to ₹62.87 crores. Key investors in this placement include Jupiter India Fund and Abakkus Emerging Opportunities Fund, among others.