Heranba Industries Ltd

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.

Value

₹450.0 Cr

Execution

10 years

Heranba Industries Debt & Borrowing

Heranba Industries Limited scheduled a board meeting for April 27, 2026, to consider converting Inter-Corporate Deposits granted to its subsidiary, Heranba Organics Private Limited, into Optionally Fully Convertible Debentures (OFCDs). This move restructures intra-group financial exposure into convertible debt instruments.

Heranba Industries Annual General Meeting

Heranba Industries Limited has issued a postal ballot notice to seek shareholder approval for two special resolutions. These include the appointment of Mr. Omprakash Singh as an Independent Director and Mr. Roshan R Shetty as an Executive Director. Both appointments are proposed for a five-year term effective April 1, 2026.

Execution

2026-04-01 to 2031-03-31

Heranba Industries Annual General Meeting

Heranba Industries Limited issued a Postal Ballot Notice seeking shareholder consent for the appointment of Mr. Omprakash Singh as an Independent Director and Mr. Roshan R Shetty as an Executive Director. Remote e-voting is scheduled from April 22 to May 21, 2026.

Heranba Industries Debt & Borrowing

Heranba Industries Limited confirmed it does not qualify as a 'Large Corporate' for FY 2026-27 under SEBI norms. The company reported nil outstanding long-term borrowings as of March 31, 2026.

Heranba Industries Product Launch

Heranba Industries Ltd launched two new products, 'Fentaamine' (bio stimulant) and 'MycoHil' (biofertilizer), on April 10, 2026. This marks the company's strategic entry into the high-growth crop nutrition segment. The company targets a total revenue of ₹2,500 Crore this fiscal year as part of its 'Vision 2026' growth strategy.

Heranba Industries Management Change

Mr. Mahesh Kenjale has resigned from his position as General Manager - Works (Senior Management Personnel) at Heranba Industries Limited to pursue better opportunities. His resignation is effective from the close of business hours on April 30, 2026.

Heranba Industries Management Change

Heranba Industries Limited announced the resignation of Mr. Mahesh Kinjale. His resignation is effective from April 30, 2026. The company disclosed this transition via an exchange filing under the Change in Management domain.

Heranba Industries Other Announcement

Heranba Industries Ltd issued a clarification regarding its earlier disclosure dated April 09, 2026. The company corrected the name of a resigned Senior Management Personnel from Mr. Manoj Kenjale to Mr. Mahesh Kenjale due to a typographical error. All other resignation details remain unchanged and correct.

Heranba Industries Management Change

Mr. Manoj Kenjale has resigned from his position as General Manager - Works (Senior Management Personnel) at Heranba Industries Limited. His resignation is effective from the close of business hours on April 30, 2026. He is leaving the company to pursue better opportunities.

Heranba Industries Other Announcement

Heranba Industries Limited submitted a compliance certificate under SEBI (DP) Regulations for the quarter ended March 31, 2026. The Registrar and Share Transfer Agent, Bigshare Services, confirmed that all shares are already in demat form and no rematerialisation requests were received during the period.