Himadri Speciality Chemical allots shares on warrant exercise

Himadri Speciality Chemical Ltd (BSE:HSCL) announced the allotment of 101,000 equity shares with a face value of Re. 1 each, pursuant to the exercise of warrants previously allotted on a preferential basis. The decision was made by the Share Issue & Allotment Committee of the Board of Directors on March 5, 2025. The warrant exercise price was Rs. 237 per warrant, amounting to a total inflow of Rs. 23.94 million. Following this allotment, the company's issued and paid-up capital has increased to Rs. 49,378,224. The newly allotted shares will rank pari passu with existing equity shares. The allotment fulfills conditions set forth in the initial warrant issuance announced on May 14, 2024.