Allotment of Tranche 3 Series E Non-Convertible Debentures

Himatsingka Seide Limited has allotted 250 Tranche 3 Series E Non-Convertible Debentures, each with a face value of Rs. 5,00,000, totaling Rs. 12,50,00,000, on a private placement basis. This allotment was made by the Securities Committee of the Board of Directors on July 31, 2026. Further details are provided in the attached annexure.

Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.

• Instrument and amount finally raised
• Stated use of proceeds
• Whether the enabling resolution is actually used
• We feel U.S. will substantially -- will come down substantially below the 50% mark over the next 18 to 24 mont (management committed by H1 FY27)
• I think India should become approximately INR400 crores to INR500 crores market in the next, I would say, 2 ye (management committed by FY27)