Himalaya Food International Ltd — Updates, 16-04-2025: Company Update

Himalaya Food International Limited has announced a board meeting to provide an update on its One-Time Settlement (OTS) with a consortium of banks led by State Bank of India. The company will pay a remaining OTS amount of ₹43 crores by 30th September 2025, having already deposited ₹4.3 crores as an upfront payment. This agreement is a key step in the company's financial restructuring and revival efforts, aiming for improved financial health and operational stability. The announcement may enhance investor sentiment, reflecting a positive outlook as the company moves towards settling its obligations and releasing non-core assets.