Himalaya Food International Ltd — Dividend/Bonus, 17-05-2025: Corp. Action

Himalaya Food International has announced a board meeting approving a rights issue to raise up to Rs. 40 Cr by issuing 2.89 crore equity shares at Rs. 13.80 per share (including premium). Shareholders will get 1 new share for every 2 shares held. The issue will open on June 3 and close on June 18. Post-issue, the total equity shares will increase to approximately 8.68 crore from 5.79 crore. The funds raised are expected to support the company’s operations and growth plans, offering existing shareholders an opportunity to increase their stake.