Himadri Speciality Chemical issues ₹200 crore commercial paper

Himadri Speciality Chemical Ltd. has allotted 4,000 units of commercial paper, each valued at ₹500,000, totaling ₹200 crore. This issuance, dated September 26, 2025, aligns with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The commercial paper, with ISIN INE019C14649, has a tenure of 89 days, maturing on December 24, 2025. It offers an interest rate of 6.25% p.a., payable upfront, with the principal amount paid at maturity.

The security is unsecured and carries no special rights. Kotak Mahindra Bank is the issuer, and ICICI Bank Limited serves as the IPA. Himadri Speciality Chemical confirmed no delays in payment of interest or principal exceeding three months and no other concerning matters related to the security. The commercial paper is proposed to be listed on BSE Ltd.