Himadri allots equity shares under employee stock option plan

Himadri Speciality Chemical (BSE: HSCL) announced the allotment of 67,275 equity shares on April 18, 2025, pursuant to its "Himadri Employee Stock Option Plan 2016." The shares, with a face value of INR 1 each, were allotted to eligible employees upon exercising their options. Each share had a price of INR 1 plus a premium of INR 139, resulting in a total issue price of INR 140 per share. Following the allotment, the company's issued and paid-up capital has increased to INR 49,38,49,499, consisting of 49,38,49,499 equity shares of INR 1 each. The newly issued shares will rank pari-passu with the existing shares of the company.