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.

Himadri Speciality Chemical Ltd (HSCL), a global leader in speciality chemicals and advanced materials, has achieved a significant milestone in its sustainability journey. The company has been awarded the prestigious ISCC PLUS (International Sustainability and Carbon Certification) for its flagship plant in Mahistikry, Haripal, Hooghly, India.

Strengthening Global Leadership

The ISCC PLUS certification is a globally recognized standard that validates Himadri's commitment to ecological and social responsibility. This certification strengthens the company's position in sustainable and traceable supply chains worldwide, enhancing its leadership capabilities in these crucial areas.

Rigorous Certification Process

The ISCC PLUS standard is known for its stringent criteria, focusing on:

• Greenhouse gas emission reduction
• Ecosystem protection
• Social accountability
• Complete traceability of raw materials

Himadri secured this certification following a rigorous independent audit conducted by an accredited certification body under the ISCC framework.

Impact on Operations and Industry Standing

With this certification, Himadri joins an exclusive group of global enterprises driving systemic change towards responsible sourcing and production. The recognition positions the company at the forefront of the circular economy transition across industries.

Leadership Perspective

Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd, commented on this achievement:

"Achieving ISCC PLUS certification marks a defining step in Himadri's sustainability journey. It validates our determination to integrate renewable, low-carbon, and circular solutions into every layer of our operations. As global industries shift towards sustainable value chains, Himadri is leading this transformation—delivering innovative and responsible solutions that create long-term value for society, the environment, and our stakeholders worldwide."

About Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Ltd is a global speciality chemical conglomerate with a strong focus on research and development, innovation, and sustainability. The company is a pioneer in the production of lithium-ion battery materials in India and continuously develops raw materials for the lithium-ion battery value chain.

Key aspects of Himadri's operations include:

• A diverse product portfolio including speciality carbon black, coal tar pitch, refined naphthalene, advanced materials, and more
• Presence in both domestic and international markets, exporting to 56 countries
• Eight zero-liquid discharge manufacturing facilities
• Utilization of in-house clean power for 100% of its electrical energy needs

As Himadri Speciality Chemical continues to strengthen its position in sustainable and traceable supply chains, this ISCC PLUS certification serves as a testament to the company's commitment to environmental stewardship and responsible business practices in the global chemical industry.