Himatsingka Seide Allots ₹12.75 Cr in Debenture Issue

Himatsingka Seide Ltd announced the allotment of 255 Tranche 2 Series E Non-Convertible Debentures (NCDs) on July 28, 2026. The NCDs have a face value of ₹5,00,000 each, issued at par, aggregating to ₹12,75,00,000. These are senior, secured, unrated, unlisted, redeemable, and taxable debentures with a tenure of 42 months. The maturity date is January 28, 2030. The coupon rate is 11.50% per annum, payable quarterly, with principal repayment in three installments starting at 30 months. The issue is secured by a first pari passu charge on the company's assets at its Hassan and Doddaballapur manufacturing plants.