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Corporate News

Himatsingka Seide secures approval for Rs 300 crore debenture issuance via private placement
25-Aug-2026, 10:14

Himatsingka Seide Limited announced that its Securities Committee of the Board of Directors confirmed the terms of issue for Series 1 Listed Non-Convertible Debentures, aggregating to Rs 300 crore, with a green shoe option of up to Rs 250 crore, to be issued on a private placement basis. The debentures will have a tenure of 42 months and offer an interest rate of 11.50% per annum, payable quarterly, with principal repayment in three installments at the end of 30, 36, and 42 months.