Himalaya Food International Ltd. secures extension of One Time Settlement (OTS) until September 2026, with 50% (₹21.5 crore) of the ₹43 crore settlement already deposited.
The company has paid ₹77 crore to date, with the remaining ₹21.5 crore due by September 2026, which is expected to de-risk the balance sheet.
The OTS extension is expected to enable asset monetization, capital infusion, and expansion in export markets, according to management.