Himadri Speciality Chemical boosts investment in Sicona Battery Technologies

Himadri Speciality Chemical Ltd has announced a further investment of AUD 1,500,000 in Sicona Battery Technologies Pty Ltd ("Sicona") for the subscription of 1,500,000 Compulsorily Convertible Notes (CCNs). This latest investment is part of a larger plan, initially approved on May 13, 2025, to invest AUD 15,000,000 in Sicona through CCNs over 18 months.

Prior to this, Himadri had already invested AUD 4,171,000 in cash towards the subscription of 4,171,000 CCNs. With the recent investment, the company has subscribed to a total of 5,671,000 CCNs. The remaining balance of 10,829,000 CCNs will be subscribed from the outstanding amount, with each CCN having a face value of AUD 1.00. This information aligns with Regulation 30 of SEBI Listing Regulations and Schedule III, as detailed in the SEBI Master Circular dated November 11, 2024.