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Himatsingka Seide allotted Rs 34 crore in debentures via private placement with a 42-month tenure
30-Sep-2026, 08:57
Himatsingka Seide Limited announced that its securities committee has allotted 34,000 Senior, Unsecured, Rated, Listed, Redeemable, Transferable, Non-Convertible Debentures (Series 1 Tranche 1 Debentures) with a face value of Rs 10,000 each, totaling Rs 34 crore, on a private placement basis, including a green shoe option of 4,000 NCDs. The debentures, bearing an interest rate of 11.50% payable quarterly, have a tenure of 42 months, with the principal to be repaid in three installments between March 2028 and March 2030.
