Himalaya Food International Ltd — Important, 30-09-2025: Company Update

Himalaya Food International's Chairman shared an update indicating the company has weathered tough times and shows strong recovery. A diversification strategy is reducing reliance on one market by re-entering India and opening new export regions. A new French Fry processing line (54,000 MT annual capacity) is on track for commissioning, boosting production and revenue. The company successfully used its Rights Issue proceeds to discharge 78% of its One-Time Settlement (OTS) liability, with the remaining 22% due this financial year. Contingency plans for further funding are in place to achieve a debt-free balance sheet. Legal actions continue regarding the Simplot case and an insurance claim. The company aims for sustained quarter-over-quarter growth and reinforced market presence.