With reference to our intimation dated December 09, 2025, we hereby inform you that the Board at its meeting held today i.e. December 12, 2025, has approved issuance of 1000 (One Thousand) Series B INR denominated, unrated, unlisted, and transferable Non-Convertible Debentures (Series B NCDs) each having a face value of Rs. 10,00,000/- (Rupees Ten Lakh only) and an aggregate amount of Rs. 100,00,00,000/- (Rupees One Hundred Crore only) at par on a Private Placement Basis.
HIMATSEIDE · price
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The Board of Himatsingka Seide Limited, at its meeting on December 12, 2025, approved the issuance of 1,000 Series B Non-Convertible Debentures (NCDs) on a private placement basis. Each NCD has a face value of Rs. 10 lakh, taking the total aggregate issue size to Rs. 100 crore. The NCDs are INR-denominated, unrated, unlisted, and transferable, and will be issued at par (no premium or discount). The company had previously intimated the exchange about this proposed fundraising on December 9, 2025. No specific details about coupon rate, maturity, or end-use of funds were disclosed in this filing.
The company is raising Rs. 100 crore through unlisted, unrated debt, which may signal that the borrowing is being arranged privately with select lenders rather than through public markets. Shareholders should watch for further disclosures on interest cost and end-use of proceeds to assess any dilution of equity or impact on debt servicing capacity.