Himatsingka Seide has raised Rs 12.75 crore through the allotment of 255 Tranche 2 Series E Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (NCDs) (Tranche 2 Series E Debentures) denominated in Indian Rupees each having a face value of Rs 5 lakh on a private placement basis.
The NCDs have a tenure of 42 months from the deemed date of allotment (July 28, 2026) and carry a coupon rate of 11.50% per annum, payable quarterly. The Securities Committee of the Board of Directors of the Company has on July 28, 2026, allotted the same.
Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products.
