Himalaya Food International Board Meeting Outcome
Himalaya Food International's board approved audited standalone financial results for the year ended March 31, 2026. The auditor provided an unmodified opinion.
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Himalaya Food International's board approved audited standalone financial results for the year ended March 31, 2026. The auditor provided an unmodified opinion.
Himalaya Food International approved a ₹43 Crore One Time Settlement with consortium banks, ratifying a ₹21.50 Crore payment. The Board also enabled fund-raising up to ₹25 Crore via debt-to-equity conversion and proposed an increase in authorized capital. These steps significantly restructure the company's balance sheet and debt obligations.
Himalaya Food International Ltd has scheduled a Board Meeting on April 7, 2026. Key agenda items include increasing authorized capital to ₹150 Crore, concluding a ₹43 Crore debt settlement (OTS), and approving a ₹25 Crore loan-to-equity conversion. The board will also discuss a potential rights or preferential issue to raise further funds.