Himatsingka Seide Allots ₹5 Cr in Debentures

Himatsingka Seide Limited has allotted 100 Tranche 4 Series E Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (NCDs) on August 7, 2026. Each debenture has a face value of ₹5,00,000, with the total issue aggregating to ₹5 Crores. These NCDs have a tenure of 42 months from the allotment date, maturing on February 7, 2030. The coupon rate is 11.50% per annum, payable quarterly. Principal repayment will occur in three installments at 30, 36, and 42 months. The issuance was done on a private placement basis. The company has created charges over its assets as security for these debentures.