Himatsingka Seide Limited — Important, 29-06-2026: Committee Meeting Updates

Himatsingka Seide has revised its plan to issue Non-Convertible Debentures (NCDs), with a potential total issuance of up to Rs. 800 Crore. This includes Series "D" NCDs worth Rs. 50 Crore (unrated, unlisted), Series "E" NCDs of Rs. 200 Crore (rated, unlisted), and Series "1" NCDs of Rs. 300 Crore (rated, listed on BSE & NSE), alongside a Green Shoe Option for an additional Rs. 250 Crore for Series "1". These NCDs will carry an interest rate of 11.50% per annum, payable quarterly, with a tenure of 42 months. The principal will be repaid in three instalments. These are secured by a charge on company assets, a move to raise capital.