Himadri allots new equity shares under employee stock plan

Himadri Speciality Chemical Ltd. announced the allotment of 12,451 equity shares, each with a face value of Re. 1, to eligible employees under its "Himadri Employee Stock Option Plan 2016." The allotment, approved via a circular resolution by the nomination and remuneration committee on September 20, 2025, resulted in a total issue price of Rs. 140 per share, including premium.

This issuance increases the company's issued and paid-up capital to Rs. 49,41,69,950, now comprising 49,41,69,950 equity shares of Re. 1 each. The newly allotted shares will rank pari-passu with the existing shares, ensuring identical rights for the new shareholders. The company confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provided a statement as per Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The company's shares are listed on both BSE Limited and the National Stock Exchange of India Ltd, with previous in-principle approvals for such issuances dated November 30, 2018, and December 11, 2018, respectively. The ISIN number for the shares issued in Demat is INE019C01026.