Heranba Industries Ltd

Debt & Borrowing

Heranba Industries Debt & Borrowing: ₹450 Cr

Heranba Industries Limited has converted Rs. 450 Crore of existing unsecured inter-corporate deposits into Optionally Fully Convertible Debentures (OFCDs) of its wholly-owned subsidiary, Heranba Organics Private Limited. The transaction is a part of internal debt restructuring at par, maintaining 100% control over the subsidiary.

Value

₹450.0 Cr

Execution

One Time

Debt & Borrowing

Heranba Industries Debt & Borrowing: ₹450 Cr

Heranba Industries Limited has approved the conversion of Rs 450 Crore in existing unsecured Inter Corporate Deposits granted to its subsidiary, Heranba Organics Private Limited, into 45,00,00,000 Optionally Fully Convertible Debentures. This internal debt restructuring involves no fresh cash outflow and maintains the company's 100% control over the subsidiary.

Value

₹450.0 Cr

Execution

One Time

Debt & Borrowing

Heranba Industries Debt & Borrowing: ₹450 Cr

Heranba Industries Limited has approved the conversion of ₹450 Crore in inter-corporate deposits granted to its subsidiary, Heranba Organics Private Limited (HOPL), into Optionally Fully Convertible Debentures (OFCDs). The transaction involves 45 Crore OFCDs of ₹10 each at par. This internal debt restructuring maintains the company's 100% control over HOPL.

Value

₹450.0 Cr

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.

Value

₹450.0 Cr

Execution

10 years

Debt & Borrowing

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.

Debt & Borrowing

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.