Image Source: Textile Insights
Himatsingka Seide Ltd will hold a board meeting on December 12, 2025, to consider raising funds via private placement of NCDs for debt refinancing. The trading window for insiders is closed until further notice, in line with SEBI regulations and company policy.
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Himatsingka Seide Ltd has announced that its Board of Directors will convene on December 12, 2025, to review and approve a proposal for fund raising through the private placement of Non-Convertible Debentures (NCDs). The primary objective of this fund raising is to refinance the company’s existing debt, strengthening its financial position. In compliance with SEBI regulations and the company’s internal code, the trading window for dealing in Himatsingka Seide’s equity shares will remain closed until further notice.
Notable Updates:
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Board meeting scheduled for December 12, 2025, to consider NCD issuance.
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Fund raising via private placement of NCDs aimed at refinancing existing debt.
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Trading window for company insiders closed immediately, per SEBI and company guidelines.
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No details on quantum or terms of NCD issuance disclosed yet.
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Further updates expected after the board meeting.
Source: BSE Corporate Announcement
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