Himadri Speciality Chemical Ltd has announced the successful allotment of commercial paper worth ₹200 crores on December 26, 2025. The issuance was approved by the Finance and Management Committee under powers delegated by the Board of Directors, in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The commercial paper issuance comprises 4,000 units with each unit carrying a face value of ₹5,00,000. The instrument offers an attractive interest rate of 6.20% per annum with upfront payment structure and carries a tenure of 90 days.

Issuance Structure and Security

The commercial paper has been issued as an unsecured instrument to Kotak Mahindra Bank, with no special rights or privileges attached. ICICI Bank Limited serves as the Issue and Paying Agent (IPA) for this transaction. The instrument follows an upfront interest payment schedule, with the principal amount payable upon maturity.

Listing and Compliance

The commercial paper will be listed on BSE Ltd and has been assigned the ISIN code INE019C14664. The company has confirmed that there are no delays in payment obligations or defaults, and no special comments regarding the security have been noted. This issuance demonstrates the company's continued access to short-term funding markets and its commitment to maintaining regulatory compliance.

Himadri Speciality Chemical , a key player in India's carbon materials industry, has achieved a significant milestone by successfully completing its first export of liquid coal tar pitch to the Middle East. This groundbreaking shipment not only represents a major accomplishment for the company but also signifies a notable expansion in the international reach of India's carbon materials sector.

Export Details

Impact and Implications

This successful export marks a pivotal moment for Himadri Speciality Chemical, potentially opening up new avenues for growth and market expansion. The Middle East, known for its robust industrial sector, could prove to be a strategic market for the company's products.

Industry Significance

The achievement goes beyond Himadri's individual success, highlighting the growing capabilities of India's carbon materials industry on the global stage. This export demonstrates the industry's ability to meet international standards and compete in the global market.

Looking Ahead

While this initial shipment of 3,600 tonnes is a promising start, it will be interesting to observe how Himadri Speciality Chemical capitalizes on this breakthrough. The company's ability to secure and fulfill international orders could pave the way for increased exports and potentially influence its future growth trajectory.

As the global demand for specialty chemicals continues to evolve, Himadri's successful foray into international markets positions it well to potentially capture a larger share of the global liquid coal tar pitch market. However, the long-term impact of this development will depend on the company's ability to consistently meet international demand and quality standards.

Investors and industry observers will likely keep a close eye on Himadri Speciality Chemical's future export performance and any subsequent announcements regarding international market expansion strategies.