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

Himatsingka Seide Limited has successfully completed a Qualified Institutional Placement (QIP), issuing 2,72,85,129 equity shares at ₹146.60 each, raising a total of ₹400 crores. This increases the company's paid-up capital from ₹49.23 crores to ₹62.87 crores. Notable recipients of over 5% of the shares include Jupiter India Fund and Abakkus Emerging Opportunities Fund. The announcement confirms ongoing compliance with relevant regulatory requirements.