Himalaya Food International Reports Strong Q1 Results, Advances Strategic Initiatives Aug 14, 2025
Himalaya Food International Unveils Strategic Plan to Counter US Tariffs Aug 11, 2025
Himalaya Food International Advances in One-Time Settlement, Deposits ₹17.20 Crore to SBI-Led Consortium Aug 08, 2025
HIL Limited Reports 42% Drop in Q1 EBITDA, Swings to Net Loss Aug 04, 2025
More news about Himalaya Food International
29Jul 25
Himalaya Food International Unveils Ambitious Growth Strategy Post-Successful Rights Issue
Himalaya Food International Limited has shared an investor update following a successful rights issue. The company's promoters oversubscribed at 1119%, demonstrating strong confidence. The firm targets a 15% compounded quarterly growth rate, driven by increased U.S. exports, French fries production ramp-up, and expanded domestic sales. A 54,000 TPA French Fry project is set to commence in February 2025. The company plans to reduce its debt, with ₹98.50 crore to be repaid by December 2025, partly funded by the rights issue proceeds. Non-core asset monetization is underway to support debt reduction. Management aims to transform the company into one of India's most valuable food processing companies by 2028.
26Jun 25
Himalaya Food's Co-Promoters Inject ₹316.62 Crore Through Rights Issue
Co-promoters of Himalaya Food International have invested ₹316.62 crore through a rights issue, demonstrating strong confidence in the company's future. This substantial investment is expected to strengthen the company's financial position and align co-promoters' interests with other shareholders. The move is seen as a positive signal to the market about the company's internal outlook and potential.