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.

Himadri Speciality Chemical Ltd has issued a clarification to BSE Limited regarding increased trading volumes across exchanges, reaffirming its commitment to regulatory compliance and transparency in market disclosures.

Regulatory Inquiry Response

The company responded to BSE's inquiry dated March 6, 2026, which sought clarification on the surge in trading volumes. The exchange's letter, bearing reference number L/SURV/ONL/PV/APJ/2025-2026/954, prompted the company to provide detailed explanations regarding the volume increase.

Compliance Confirmation

Himadri Speciality Chemical emphasized its adherence to regulatory frameworks in its response:

Material Information Disclosure

The company stated that it has been consistently informing stock exchanges about all events and information that have a bearing on its operations or performance. This proactive approach ensures market participants have access to relevant information that could impact investment decisions.

Future Compliance Assurance

Company Secretary and Compliance Officer Monika Saraswat, who signed the clarification, provided assurance regarding future regulatory compliance. The company committed to continue promptly informing exchanges of all material events, information, and actions as required under SEBI regulations.

Corporate Details

The clarification was issued from the company's registered office at 23A, Netaji Subhas Road, Kolkata, with corporate identification number L27106WB1987PLC042756. The company, formerly known as Himadri Chemicals & Industries Limited, maintains its corporate office at India Exchange Place in Kolkata.