Himatsingka Seide allots Tranche 4 Series E NCDs worth Rs. 5 crore
HIMATSEIDE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Himatsingka Seide has allotted 100 Series E Non-Convertible Debentures on private placement at face value of Rs. 5 lakh each, aggregating Rs. 5 crore. The NCDs carry a coupon of 11.50 percent per annum payable quarterly, with a tenure of 42 months maturing on February 7, 2030. Principal will be repaid in three instalments. NCDs are secured by first pari passu charge on fixed assets at Hassan and Doddaballapur plants.
Small Rs. 5 crore private NCD raise at 11.50 percent interest; minor fundraising, limited direct impact on stock.