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Debt & Borrowing

Heranba Industries Debt & Borrowing: ₹450 Cr

Heranba Industries Limited's Board approved converting ₹450 Crore of existing Inter-Corporate Deposits into Optionally Fully Convertible Debentures (OFCDs) of its wholly-owned subsidiary, Heranba Organics Private Limited. The OFCDs carry a 1% annual coupon and a 10-year tenure, aimed at restructuring existing inter-company funding on an arm's length basis.

Key figures
Value₹450.0 Cr
Execution period10 years
Source

NSE filing, NSE: HERANBA. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Heranba Industries Ltd: key numbers

Share price
₹148.00
Market cap
₹592.2 Cr
Revenue (annual)
₹1,595 Cr
Net profit (annual)
₹-76.42 Cr
P/E (TTM)
-7.8×Sector 34.1×
Promoter holding
74.94%+0.00% QoQ
FII holding
0.03%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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