Announcement • May 28
Himatsingka Seide Limited announced that it expects to receive INR 5.5 billion in funding Himatsingka Seide Limited announced a private placement to issue 55,000 series “1” INR denominated, senior, secured, rated, listed, redeemable, taxable, non-convertible debenture for gross proceeds of INR 550 million on May 27, 2026. The transaction will include participation from eligible investors. The transaction will be completed in one or more tranches and has been approved by the board of the directors of the company. The tenure of the debt is 42 months from the deemed date of allotment and will have an interest rate of 11.50% p.a., payable quarterly. The principal amount will be repaid in three instalments at the end of 30 months, 36 months and 42 months respectively. The company can raise INR 2,500 million with series "1" non convertible debentures through Green Shoe Option . Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹4.93 (vs ₹6.92 in FY 2025) Full year 2026 results: EPS: ₹4.93 (down from ₹6.92 in FY 2025). Revenue: ₹27.3b (down 1.8% from FY 2025). Net income: ₹619.6m (down 19% from FY 2025). Profit margin: 2.3% (down from 2.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 28
Himatsingka Seide Limited announced that it expects to receive INR 500 million in funding Himatsingka Seide Limited announced a private placement to issue series “C” INR denominated, senior, secured, unrated, unlisted, redeemable, taxable, non-convertible debenture for gross proceeds of INR 500,000,000 on May 27, 2026. The transaction will include participation from eligible investors. The transaction will be completed in one or more tranches and has been approved by the board of the directors of the company. The tenure of the debt is 42 months from the deemed date of allotment and will have an interest rate of 11.50% p.a., payable quarterly. The principal amount will be repaid in three instalments at the end of 30 months, 36 months and 42 months respectively.