BSECompany Update3d ago · 6 Nov 2026, 01:58 pm
Press Release BSE -Himalaya Food International Ltd. Turning the Page Toward Transformation and Sustainable Growth
Himalaya Food International Ltd · 526899
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Himalaya Food International Ltd. announces a press release titled 'Turning the Page Toward Transformation and Sustainable Growth' as it completes its debt resolution and balance sheet restoration, revamps its infrastructure, and prepares for a long-term operational turnaround.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Himalaya Food International Ltd - 526899 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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November, 06th 2026
The Manager - Listing Compliance
Bombay Stock Exchange Limited
PJ. Towers, Dalal Street,
Mumbai - 400001
Scrip Code: 526899
Symbol: HFIL
Subject: Press Release BSE –Himalaya Food International Ltd. Turning the Page Toward Transformation and Sustainable Growth.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing
therewith Press Release titled Himalaya Food International Ltd. Turning the Page Toward Transformation and Sustainable Growth.
This is for your information and records.
Certified True Copy
For Himalaya Food International Limited
Megha Saini
(Company Secretary)
Address: House No-56, Block D, Naharpur Sector-7
Rohini, New Delhi, 110085
PRESS RELEASE
6th November 2026
Subject: Turning the Page Toward Transformation and Sustainable Growth
Dear Shareholders,
I write to you at a defining moment in the history of Himalaya Food International Ltd. As we reflect on a challenging decade marked
by past joint venture disruptions and the tragic plant fire, I want to express my sincere gratitude for your patience and faith in our
management vision.
While our recent quarterly financials reflect the tail end of these operational challenges, the worst of the storm is behind us. The
core underlying fundamentals of your company are systematically realigning for stability and long-term recovery.
1. Reaching the Finish Line on Debt Resolution & Balance Sheet Restoration
For several years, heavy legacy debt has weighed on our financial performance. I am pleased to share that we are in the
final stages of completing our One-Time Settlement (OTS) with our banking consortium.
Having already settled 92% of the agreed bank settlement, we are executing a clear, non-dilutive roadmap to clear the
remaining balance within the current financial year. This is being achieved through the release of encumbered properties
and the planned monetization of non-core land assets, positioning HFIL to emerge completely debt-free.
2. Infrastructure Revival & Operational Readiness:
Rather than simply replacing pre-existing assets, we have utilized this transition to re-engineer our core infrastructure. Our
engineering teams are working on the total revival and commissioning of our upgraded processing lines. This enhanced
capacity will significantly exceed our past setups, establishing HFIL as a reliable, high-capacity partner for international retail
chains, club stores, and global export markets.
3. Long-Term Outlook:
With our processing capabilities coming back online and a balance sheet unburdened by finance costs, your company is
positioned for a complete operational turnaround by 2027. Our sole focus now is on disciplined execution, Clear balance
OTS, plant operationalisation, and steady value restoration for our long-term investors.
Thank you for walking this path of resilience and recovery with us.
Wishing you a very happy festival season & with
Warm regards,
Man Mohan Malik
Founder, Chairman & Chief Executive Officer
Himalaya Food International Ltd.