Himadri Speciality Chemical Ltd has successfully redeemed commercial paper worth Rs. 200 crores, completing the repayment one day ahead of the scheduled maturity date. The company announced the completion of this financial obligation through a formal communication to BSE Limited on March 25, 2026.

Commercial Paper Redemption Details

The specialty chemical manufacturer executed the full redemption of its commercial paper issuance, providing timely repayment to all holders as per the original terms and conditions. The redemption demonstrates the company's strong liquidity position and commitment to meeting debt obligations.

Regulatory Compliance

The redemption was conducted in full compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHSPoD/P/CIR/2025/0000000137 dated October 15, 2025. This circular governs the issue and listing of non-convertible securities, securitized debt instruments, security receipts, municipal debt securities, and commercial papers.

The disclosure also aligns with the 'FAQs for listing of Commercial Papers' issued by BSE Limited, ensuring complete regulatory adherence. Company Secretary and Compliance Officer Monika Saraswat signed the formal communication confirming the successful redemption.

Corporate Communication

Himadri Speciality Chemical Ltd maintained transparency by promptly notifying the stock exchange of the redemption completion. The company has made the redemption information available on its official website at www.himadri.com , ensuring stakeholder access to relevant financial updates.

The early redemption, completed one day before the maturity date, reflects the company's proactive approach to debt management and demonstrates financial discipline in meeting capital market obligations.

Himadri Speciality Chemical Ltd has received a credit rating affirmation from India Ratings and Research Private Limited (Ind-Ra) for its Commercial Paper program. The rating agency has maintained the IND A1+ rating for the company's short-term debt instrument, as disclosed to stock exchanges on March 20, 2026.

Credit Rating Details

The rating affirmation covers the company's Commercial Paper program with specific parameters outlined by the rating agency:

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The announcement was made through a formal communication to both BSE Limited and National Stock Exchange of India Ltd, ensuring transparency for investors and stakeholders.

Company Information

Himadri Speciality Chemical Ltd, formerly known as Himadri Chemicals & Industries Limited, operates with its registered office in Kolkata. The company maintains listings on major stock exchanges with BSE code 500184 and NSE symbol HSCL. Additional information regarding this rating affirmation is available on the company's official website at www.himadri.com .

The IND A1+ rating reflects the company's strong credit profile for short-term obligations, providing confidence to investors and lenders in the commercial paper market.