Himadri Speciality Chemical Ltd Allots Commercial Paper Worth Rs 150 Crore
Himadri Speciality Chemical Ltd has announced the allotment of commercial paper (CP) totaling Rs. 150 Crore, following decisions made by its Finance and Management Committee of the Board of Directors on July 9, 2026.The commercial paper instrument was allotted for investors, with Kotak Mahindra Bank being among those who received the security. The company designated ICICI Bank Limited as the International Primary Agent (IPA).
Details regarding the issued commercial paper are summarized below:
| Feature | Detail |
|---|---|
| Issue Size | Rs. 150 Crore |
| Face Value per Security | Rs. 5,00,000/- |
| Total Units Allotted | 3,000 units |
| Tenure of Instrument | 90 Days |
| Date of Allotment | 09-07-2026 |
| Date of Maturity | 07-10-2026 |
| Coupon/Interest Rate | 6.60% p.a. |
| Charge/Security | Unsecured |
The payment terms for the CP include an upfront payment of interest and full principal amount payment upon maturity. The commercial paper was offered to investors in the form of a financial instrument with ISIN INE019C14672, and it is proposed for listing on the BSE Ltd.
HSCL Stock Price Movement
Today, Himadri Speciality Chemical Limited shares edged higher after closing at ₹650.05, reflecting a 1.55% gain in post-market trading. The stock maintained stability throughout the session, trading within an intraday range of ₹638.5 to ₹659.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.