Himatsingka Seide Limited — Important, 30-10-2024: Committee Meeting Updates

Himatsingka Seide Limited has completed a Qualified Institutional Placement (QIP) of 27,285,129 equity shares at ₹146.60 each, raising ₹400 crores. This allocation increases the company’s paid-up equity share capital from ₹49.23 crores to ₹62.87 crores. Notable allottees include Jupiter India Fund and Abakkus Emerging Opportunities Fund, each acquiring significant shares. The announcement confirms compliance with regulatory requirements.