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.

Himadri Speciality Chemical Ltd has allotted 22,649 equity shares to eligible employees under its Employee Stock Option Plan 2016, as approved by the company's Nomination and Remuneration Committee on 05 March 2026.

Share Allotment Details

The allotment was made under Grant-II of the Himadri Employee Stock Option Plan 2016, with specific terms outlined below:

Impact on Share Capital

Following this allotment, the company's capital structure has been updated:

Regulatory Compliance

The allotment was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the required statement pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The shares were issued in dematerialized form under ISIN number INE019C01026. The newly allotted shares rank pari-passu with existing equity shares and carry no lock-in restrictions.

Stock Exchange Approvals

The Employee Stock Option Plan 2016 received in-principle approvals from both major stock exchanges:

• BSE Limited: Approval No. DCS/IPO/JR/ESOP-IP/3354/2018-19, dated November 30, 2018
• National Stock Exchange: Approval No. NSE/LIST/18893, dated December 11, 2018

The company's shares are listed on both BSE Limited (Code: 500184) and National Stock Exchange of India Limited (Code: HSCL). No listing fees are payable for this allotment, and the information has been made available on the company's website at www.himadri.com .