Himadri Speciality Chemical Ltd allotted 22,649 equity shares under its Employee Stock Option Plan 2016 on 05 March 2026. The shares were issued at Rs. 140 per share with a premium of Rs. 139, increasing the company's paid-up capital to Rs. 50,45,41,599. The allotment was approved by the Nomination and Remuneration Committee and complies with SEBI regulations, with the newly issued shares ranking pari-passu with existing shares.
Himadri Speciality Chemical Allots 22,649 Equity Shares Under Employee Stock Option Plan 2016
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:
Parameter: Details Number of Shares: 22,649 Par Value: Re. 1 each Exercise Price: Rs. 140 per share Premium per Share: Rs. 139 Issue Date: 05 March 2026 Grant Category: Grant-II
Impact on Share Capital
Following this allotment, the company's capital structure has been updated:
Metric: Amount Total Issued and Paid-up Capital: Rs. 50,45,41,599 Total Number of Equity Shares: 50,45,41,599 Distinctive Number Range: 50,45,18,951 – 50,45,41,599
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 .
Himadri Speciality Chemical Ltd has successfully completed the redemption of its Commercial Paper worth Rs. 100 Crores on March 04, 2026. The company announced that it made full and timely repayment to all holders of the Commercial Paper in accordance with the terms and conditions of issuance.
Commercial Paper Details
The redemption pertains to Commercial Paper that was scheduled to mature on March 04, 2026. The company had previously communicated the record date for these Commercial Papers through its letter dated February 09, 2026.
Parameter: Details Scrip Code: 730714 ISIN: INE019C14656 Record Date: 03/03/2026 Maturity Date: 04/03/2026 Redemption Date: 04/03/2026 Amount: Rs. 100 Crore
Regulatory Compliance
The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHSPoD/P/CIR/2025/0000000137 dated October 15, 2025. This circular pertains to the issue and listing of Non-Convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers, read with 'FAQs for listing of Commercial Papers' issued by BSE Limited.
Corporate Communication
The announcement was signed by Monika Saraswat, Company Secretary & Compliance Officer (ACS: 29322), and communicated to BSE Limited under reference number HSCL/Stock-Ex/2025-26/144. The company has made this information available on its website at www.himadri.com for stakeholder reference.
The successful redemption demonstrates the company's commitment to meeting its debt obligations in a timely manner and maintaining good standing with its Commercial Paper investors.
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