Himatsingka Seide Allots ₹25 Cr NCDs

Himatsingka Seide Ltd announced the allotment of 500 Tranche 5 Series E Non-Convertible Debentures (NCDs) with a face value of ₹5,00,000 each, aggregating to ₹25,00,00,000. The allotment was made by the Securities Committee of the Board of Directors on August 28, 2026. These are unlisted, senior, secured, unrated, redeemable, taxable, transferable NCDs issued on a private placement basis. The debentures have a tenure of 42 months, with a maturity date of February 28, 2030. The coupon rate is 11.50% per annum, payable quarterly, and principal repayment will occur in three instalments. The issuance is secured by a first pari passu charge on the company's assets.