Himadri Speciality Chemical Ltd has successfully completed the redemption of its Commercial Paper worth Rs. 100 Crores on March 04, 2026. The company announced that it made full and timely repayment to all holders of the Commercial Paper in accordance with the terms and conditions of issuance.

Commercial Paper Details

The redemption pertains to Commercial Paper that was scheduled to mature on March 04, 2026. The company had previously communicated the record date for these Commercial Papers through its letter dated February 09, 2026.

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHSPoD/P/CIR/2025/0000000137 dated October 15, 2025. This circular pertains to the issue and listing of Non-Convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers, read with 'FAQs for listing of Commercial Papers' issued by BSE Limited.

Corporate Communication

The announcement was signed by Monika Saraswat, Company Secretary & Compliance Officer (ACS: 29322), and communicated to BSE Limited under reference number HSCL/Stock-Ex/2025-26/144. The company has made this information available on its website at www.himadri.com for stakeholder reference.

The successful redemption demonstrates the company's commitment to meeting its debt obligations in a timely manner and maintaining good standing with its Commercial Paper investors.

Himadri Speciality Chemical has officially commenced commercial operations of its 70,000 MTPA specialty carbon black line at the Mahistikry facility in Hooghly, West Bengal, effective from February 24, 2026. The company announced this milestone through a regulatory filing under SEBI LODR Regulations, marking a significant achievement in its manufacturing expansion strategy.

World's Largest Single-Location Facility

With the successful commissioning of this brownfield expansion, the Mahistikry site has become the world's largest single-location specialty carbon black manufacturing facility. The expansion brings the facility's specialty carbon black capacity to 1,30,000 MTPA, positioning Himadri as a global leader in this segment.

Advanced Manufacturing Capabilities

The newly commissioned production line incorporates advanced process technologies, state-of-the-art quality control systems, and energy-efficient operations. The facility is designed to serve high-value, performance-driven applications across plastics, inks, paints, coatings, and other niche segments with premium grade products for global customers.

Strategic Growth Impact

Commenting on the development, Mr. Anurag Choudhary, CMD & CEO, stated that this milestone marks the beginning of the next phase of growth in their advanced carbon materials journey. The expansion significantly enhances production capabilities and positions the company to capture rising global demand in premium, application-specific segments.

Future Outlook

The newly commissioned capacity is expected to contribute meaningfully to revenue growth and strengthen the company's margin profile over the medium term. As global demand shifts toward high-performance, customized carbon solutions, Himadri's enhanced scale provides competitive advantages through operational efficiencies and improved product innovation capabilities.