Himadri invests AUD 25.59 lakh in Sicona Battery Technologies

1 min read     Updated on 20 May 2026, 05:56 AM
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Himadri Speciality Chemical Ltd has invested an additional AUD 25,59,000 in Sicona Battery Technologies Pty Ltd through the subscription of Compulsorily Convertible Notes (CCNs). With this tranche, the company's total cumulative investment in Sicona reaches AUD 1,67,53,000 for 1,67,53,000 CCNs. The remaining investment for 16,94,000 CCNs will be completed in agreed tranches, with no change in voting rights or control at this stage.

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himadri speciality chemical has announced an additional investment in Sicona Battery Technologies Pty Ltd through the subscription of Compulsorily Convertible Notes (CCNs). The company has invested AUD 25,59,000 in cash for this tranche, subscribing to 25,59,000 CCNs with a face value of AUD 1.00 each. This move follows the company's earlier announcement regarding further investments in Sicona through agreed tranches.

Prior to this latest infusion, the company had already invested AUD 1,41,94,000 in cash towards the subscription of 1,41,94,000 CCNs. Consequently, the company now cumulatively holds 1,67,53,000 CCNs in Sicona. The remaining investment for 16,94,000 CCNs is scheduled to be made in agreed tranches at a later date.

Investment Details

The following table outlines the investment made by Himadri Speciality Chemical Ltd in Sicona Battery Technologies Pty Ltd:

Investment Tranche Amount Invested (AUD) CCNs Subscribed Face Value (AUD)
Earlier Tranche 1,41,94,000 1,41,94,000 1.00
Current Tranche 25,59,000 25,59,000 1.00
Total 1,67,53,000 1,67,53,000 1.00

Terms and Control

The investment is structured in the form of CCNs, which means the company has not acquired any additional voting rights or control in Sicona at present. The notes are convertible into shares of Sicona as per the agreed terms between the parties. The company confirmed that there is no change in the disclosures previously provided to the stock exchanges except for the details of this additional investment.

Historical Stock Returns for Himadri Speciality Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-4.85%+15.91%+33.28%+26.24%+1,081.39%

What milestones or performance triggers will determine the conversion timeline of Himadri's CCNs into equity shares of Sicona Battery Technologies?

How might Himadri's growing stake in Sicona position it competitively in the Indian battery materials supply chain as EV adoption accelerates?

Could Himadri's full conversion of CCNs into equity eventually give it a controlling stake in Sicona, and what would that mean for its strategic direction?

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Himadri submits FY26 BRSR report

5 min read     Updated on 19 May 2026, 06:24 AM
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Himadri Speciality Chemical Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report highlights a 19.31% reduction in energy intensity and a 38.18% reduction in emission intensity against the baseline. The company achieved 100% Zero Liquid Discharge compliance and zero Lost Time Injury Frequency Rate, while maintaining zero governance incidents.

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Himadri Speciality Chemical Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, which forms an integral part of the Integrated Annual Report 2025-26, outlines the company's performance across environmental, social, and governance (ESG) parameters.

Environmental Performance

The company reported significant progress in its environmental metrics during the year. Energy intensity reduced by 19.31% against the baseline year, while emission intensity saw a reduction of 38.18%. Water intensity decreased by 27.41% from the baseline. Himadri achieved 100% Zero Liquid Discharge (ZLD) compliance across all its manufacturing facilities. The company also minimized landfill disposal to 0.01%, with over 95% of materials being recycled or reused.

Social and Governance Highlights

On the social front, Himadri achieved a zero Lost Time Injury Frequency Rate (LTIFR) for FY 2025-26, reflecting its commitment to workplace safety. The company provided 100% health and accident insurance coverage for its workforce. Governance remained strong with zero reported incidents of corruption or bribery. The company also completed 100% sustainability assessments of its value chain partners representing 75% of procurement and sales value.

Key ESG Metrics

Metric Performance
Energy Intensity Reduction 19.31%
Emission Intensity Reduction 38.18%
Water Intensity Reduction 27.41%
LTIFR Zero
ZLD Compliance 100%
Landfill Disposal 0.01%

The BRSR is available on the company's website and has been submitted to the stock exchanges in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Himadri Speciality Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-4.85%+15.91%+33.28%+26.24%+1,081.39%

How might Himadri's SBTi Net Zero 2050 validation outcome influence its access to green financing and ESG-linked debt instruments in the near term?

Given Himadri's rapid expansion in permanent employees (from 881 to 1,107), what strategic acquisitions or capacity additions could be driving this workforce growth and how might it impact margins?

With exports already contributing 31.54% of turnover across 61 countries, which emerging markets or product segments could Himadri target to further diversify its international revenue base?

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1 Year Returns:+26.24%