Himalaya Food International Ltd — Important, 06-09-2025: Company Update

Himalaya Food International announced its Annual General Meeting. For the financial year ended March 31, 2025, the company reported revenue from operations of Rs. 40.08 Cr and a profit of Rs. 3.90 Cr. Major proposals include increasing authorized share capital from Rs. 90 Cr to Rs. 125 Cr and approving a fresh equity issue of up to Rs. 40 Cr to fund operations and expansion. The company plans to sell non-core land assets to repay the remaining Rs. 27.46 Cr (Rs. 82.90 Cr total minus Rs. 55.44 Cr paid) of its one-time settlement with banks and may raise up to Rs. 20 Cr from promoters with a conversion option. A new French Fry line is expected by March 2026.