Himatsingka Seide Allots ₹35 Crore Series D NCDs

Date: July 10, 2026

The Securities Committee of the Board of Directors allotted 700 Tranche 2 Series D Unlisted, Senior, Secured, Unrated, Redeemable, Taxable Transferable Non-Convertible Debentures (NCDs) on July 10, 2026.
The NCDs were issued on a private placement basis.

Total number of securities allotted: 700 NCDs
Face value per NCD: ₹5,00,000 (Rupees Five Lakh)
Total issue size: ₹35,00,00,000 (Rupees Thirty-Five Crores)
Issue price: At par
Tenure: 42 months from the deemed date of allotment
Allotment date: July 10, 2026
Maturity date: January 10, 2030
Interest rate: 11.50% per annum, payable quarterly
Principal repayment schedule: Three instalments at the end of 30 months, 36 months, and 42 months respectively
Late payment interest: 2% for delays exceeding three months from due date
Listing status: Unlisted

The NCDs are secured by:

First pari passu charge by way of registered/equitable mortgage and deed of hypothecation over the entire immovable and movable fixed assets of the Issuer, both present and future, located at manufacturing plants in Hassan and Doddaballapur (Karnataka)
Negative lien over land admeasuring 4.85 acres located at Sy No. 25, 17/1, 17/2 & 23 at its manufacturing facility in Hassan
Exclusive charge over the Subscription Escrow Account
Demand Promissory Note and Letter of Continuity

Reference: Regulation 30 read with Part-A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI Master Circular Reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Previous intimation: Dated June 29, 2026
No special rights/privileges attached to the instrument
No history of payment delays or defaults
No cancellation or termination of the issuance proposal