Himalya International, a food processing company, has said that its promoters have increased their holding by 5 per cent of the post issue capital through conversion of warrants which were issued at a price of Rs 23.35 per share.
As on 30 June, 2008, promoters had a stake of 15.9 per cent in the company.
In the September quarter, the company posted a net profit of Rs 3.3 crore.
On the Bombay Stock Exchange, the stock price of the company closed on Tuesday at Rs 19.30, up 4.61 per cent.