Heranba Industries Board Meeting Scheduled to Discuss Conversion of ICDs to OFCDs
Heranba Industries Ltd has announced that its Board of Directors meeting is scheduled for Monday, April 27, 2026. The meeting aims to address key corporate proposals, most notably the conversion of inter-corporate deposits (ICDs) issued by the company to its wholly owned subsidiary, Heranba Organics Private Limited (HOPL).The primary item on the board’s agenda is to consider and approve the proposal for converting the Inter-Corporate Deposits (ICD) granted by Heranba Industries Ltd to HOPL into Optionally Fully Convertible Debentures (OFCDs). The terms and conditions governing this conversion will be approved during the meeting.
In addition to the board meeting announcement, the company provided an update regarding its trading window. The trading window for Heranba Industries Ltd was reported to be closed from April 01, 2026. The window is slated to reopen after a period of 48 hours following the declaration of the financial results for the quarter and year ended March 31, 2026.
HERANBA Stock Price Movement
Shares of Heranba Industries Limited are edging higher to ₹221.58 as of 12:55 PM today, rallying 1.10% in live trading. The stock saw significant activity in the market, with 51,922 shares trading throughout the active session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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