Himadri Speciality Chemical raises ₹100 crore via commercial paper

Himadri Speciality Chemical Ltd. has allotted commercial paper totaling ₹100 crore, as per an intimation dated December 4, 2025. This issuance involves 2,000 units of commercial paper, each with a face value of ₹5,00,000. The allotment was executed under the authority delegated by the board of directors to its finance and management committee.

The commercial paper carries an ISIN of INE019C14656 and is proposed to be listed on BSE Ltd. It has a tenure of 90 days, with the allotment date on December 4, 2025, and maturity set for March 4, 2026. The coupon/interest rate offered is 6.30% p.a., with interest payments made upfront and principal paid on maturity.

The instrument is unsecured and has no special rights attached. The commercial paper was issued in favor of Kotak Mahindra Bank and ICICI Bank Limited.