MoneyWorks4Me

Himatsingka Seide raises Rs 97 crore through NCDs

20 Mar 2024 Evaluate

Himatsingka Seide has raised Rs 97 crore through the allotment of final tranche of 970 Unrated, Unlisted, Secured, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 to International Finance Corporation (IFC). The Securities Committee has on March 20, 2024, approved allotment of the same. 

Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products. 


Peers
Company Name CMP
Vardhman Textiles 566.65
Welspun Living 214.40
Arvind 549.00
Raymond Lifestyle 659.10
K.P.R. Mill 1106.05
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