Himalaya Food International has informed that State Bank of India, the Lead bank of the consortium has approved the request of Company to extend the period of Payment of OTS upto December 2022. The bank has agreed for concessional interest at SBI Yearly MCLR + 2% (effective rate 9%) on the period of delays due to Pandemic. State Bank has also accepted the request of Company to issue NOC's for sale of non-core assets to pay the OTS amount.
The above information is a part of company’s filings submitted to BSE.
