Himadri Speciality Chemical Limited issued and allotted 3,000 units of commercial paper aggregating to Rs 150 crore on July 9, 2026. The instruments carry ISIN INE019C14672 and are proposed to be listed on BSE Limited.
Each commercial paper unit has a face value of Rs 5,00,000. The total issue size of 3,000 units at Rs 5,00,000 per unit aggregates to Rs 150 crore. The tenure of the instruments is 90 days from the allotment date, with maturity scheduled on October 7, 2026.
The commercial paper carries a coupon rate of 6.60% per annum. Interest on the instruments is payable upfront, and the principal amount is scheduled for repayment at maturity.
The issue is unsecured and carries no special rights, interest, or privileges. Kotak Mahindra Bank is the beneficiary of the commercial paper issuance. ICICI Bank Limited acts as the Interim Selling Agent for the issue.
The Finance and Management Committee of the Board of Directors approved the allotment under authority delegated by the Board. Himadri Speciality Chemical Limited submitted the disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 to both BSE Limited, where it is listed under scrip code 500184, and the National Stock Exchange of India Limited, where it trades under symbol HSCL.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.