India, June 12 -- Himalaya Food International Ltd has announced that three lenders from the promoter group, who had collectively extended a loan of Rs 17.01 crore to the company for the payment of One-Time Settlement (OTS) dues to banks, have given their consent to convert the loan amount into entitlements under the ongoing Rights Issue.
This conversion pertains to the promoter group's share of the Rights Issue, aligning their financial support with the company's capital-raising efforts.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....