Himalaya Food Sets Record Date For Rights Issue, Trading To Go Ex-Rights On May 23

Mumbai: Himalaya Food International Limited has announced the Record Date for its upcoming rights issue of equity shares. As per Notice No. 20250516-11 issued by the Exchange on May 16, 2025, the company has fixed May 23, 2025, as the Record Date for this purpose. Accordingly, trading in the equity shares of the company will shift to an ex-rights basis on the same date, under settlement number DR-636/2025-2026.

The rights issue offers eligible shareholders 1 (one) equity share of face value Rs 10 each at a premium of Rs 3.80 per share, totaling Rs 13.80 per share, for every 2 (two) equity shares held by them as on the Record Date. This issue falls under the dematerialised securities – rolling settlement segment of the Exchange.

Investors planning to participate in the rights issue must ensure they hold shares before the ex-rights date, as any purchase on or after May 23 will not carry entitlement to the rights offer. Trading members are requested to take note of these corporate action details to facilitate seamless execution and compliance.