Revised Outcome of Board Meeting held on Monday, 16 June 2025
Price
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Awaiting price reaction for this filing.
Himalaya Food International Ltd has informed the stock exchanges that its board, via a resolution passed by circulation on June 16, 2025, has extended the closing date of its ongoing Rights Issue. The Rights Issue, which opened on June 3, 2025, will now close on June 30, 2025, instead of the earlier scheduled date of June 18, 2025. The opening date remains unchanged at June 3, 2025. The board also retains the right to extend the issue period further, though the total issue window cannot exceed 30 days from the opening date. No withdrawal of applications will be allowed after the revised closing date.
Shareholders and eligible applicants get extra time (about 12 additional days) to subscribe to the Rights Issue, which may improve subscription levels. The change is administrative and does not alter the issue size or terms, so the immediate impact on the stock price is likely to be neutral.