Himadri Speciality Chemical Ltd has taken another step forward in its strategic investment plan, injecting an additional AUD 15 lakh (1.5 million) into Sicona Battery Technologies Pty Ltd. This move is part of a larger investment strategy announced earlier this year.

Investment Details

The company has subscribed to 15,00,000 Compulsorily Convertible Notes (CCNs) in Sicona Battery Technologies, each with a face value of AUD 1.00. This latest investment is a continuation of Himadri's commitment to support Sicona's growth and innovation in the battery technology sector.

Investment Plan Progress

The investment plan, approved by Himadri's Board of Directors, is set to be deployed in tranches over an 18-month period. With this latest infusion, Himadri has now invested more than one-third of the total planned amount.

Regulatory Compliance

In a filing to the stock exchanges, Himadri Speciality Chemical Ltd provided an update on this investment under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company assured that all necessary information as required by SEBI regulations has been duly submitted to the stock exchanges.

Strategic Implications

This continued investment in Sicona Battery Technologies underscores Himadri's commitment to expanding its footprint in the advanced materials and battery technology sectors. As the global demand for innovative battery solutions continues to grow, particularly in the context of electric vehicles and renewable energy storage, Himadri's strategic partnership with Sicona could position the company favorably in this high-growth market.

Investors and industry observers will likely be watching closely to see how this investment translates into technological advancements and potential market opportunities for Himadri Speciality Chemical in the coming months and years.

Himadri Speciality Chemical Ltd has successfully raised Rs 100 crore through the issuance of commercial paper, as announced by the company on September 4, 2025. This move demonstrates the company's ability to secure short-term financing at competitive rates.

Key Details of the Commercial Paper Issuance

Financial Institutions Involved

• Issued in Favor of: Kotak Mahindra Bank
• Issuing and Paying Agent: ICICI Bank Limited

The commercial paper issuance was completed through the company's Finance and Management Committee, acting under the authority delegated by the Board of Directors. This action aligns with the company's financial strategy and complies with the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Himadri Speciality Chemical Ltd's decision to issue commercial paper indicates its focus on optimizing its short-term funding mix. The discount rate of 6.28% per annum suggests favorable market perception of the company's creditworthiness.

As an unsecured instrument, the commercial paper does not require any specific assets as collateral, which can be seen as a sign of the company's strong financial position and the market's confidence in its ability to meet short-term obligations.

The listing of the commercial paper on the BSE Ltd is expected to provide liquidity to the instrument, potentially making it more attractive to investors.

This financial move by Himadri Speciality Chemical Ltd showcases the company's active management of its capital structure and its ability to leverage money market instruments for short-term financing needs.