- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Himatsingka Seide Limited has issued 650 secured, senior, unlisted Series “A” Non-Convertible Debentures (NCDs) worth Rs. 65 Cr (face value Rs. 10 lakh each) via private placement. These NCDs carry an 11.5% interest rate with an 18-month moratorium, followed by repayment over 8 quarterly installments plus a redemption premium at maturity (39 months). Backed by first charge on fixed assets at two manufacturing units, this raises secured funds to support the company’s operations or growth.