With reference to relevant provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 Himalaya Food International has informed that as required by the Banks, it has deposited 5% of the OTS (One Time Settlement) to liquidate the Companys entire Debt for Final approval by the Consortium of Banks led by State Bank of India.
The above information is a part of company’s filings submitted to BSE.