Himatsingka Seide Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Himatsingka Seide Limited has announced the closure of its qualified institutions placement of 2,72,85,129 equity shares at ₹146.60 each, after a meeting of its Securities Committee. This price includes a premium and reflects a 5% discount to the calculated floor price. The placement document was approved, and confirmation of the allocation will be sent to eligible institutional buyers. The company will file the relevant documentation with the BSE and NSE.