Himatsingka Seide has raised Rs 50 crore through the allotment of 1,000 Series C Senior, Secured, Unlisted, Unrated, Redeemable, Taxable, Non-Convertible Debentures (Series C NCDs/ Series C Debentures) denominated in Indian Rupees each having a face value of Rs 5,00,000, at par, on a private placement basis. The NCDs have a coupon rate of 11.50% p.a., payable quarterly, and are set to mature on December 30, 2029. The Securities Committee of the Board of Directors of the company has on June 30, 2026, allotted the same.
Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products.
