A meeting was held by the lenders of Himalaya Food International Ltd at SBI Branch at New Delhi. All four banks were present and SBI informed other Consortium banks about the approval of OTS proposal of the Company. Bank of Baroda & Exim bank conveyed that they shall put the proposal for their respective sanctioning authority in line with SBI approval.
Corporation Bank conveyed its willingness to continue to be banking partner of the company and advised the company to submit the restructuring proposal.
Shares of Himalaya Food International Ltd was last trading in BSE at Rs.7.69 as compared to the previous close of Rs. 7.53. The total number of shares traded during the day was 6881 in over 34 trades.
The stock hit an intraday high of Rs. 7.79 and intraday low of 7.12. The net turnover during the day was Rs. 51149.