Himadri Speciality Chemical has allotted 24,000 equity shares following the exercise of warrants. This allotment, approved on November 10, 2025, increases the company’s issued and paid-up capital to ₹50,45,18,950, consisting of 50,45,18,950 equity shares. The newly allotted shares rank equally with existing shares.
Equity Share Allotment
Himadri Speciality Chemical Ltd has announced the allotment of 24,000 equity shares, each with a face value of ₹1. This follows the exercise of warrants previously allotted on a preferential basis. The decision was made during a meeting of the Share Issue & Allotment Committee of the Board of Directors on November 10, 2025.
Details of the Allotment
The allotment was made upon receiving ₹56,88,000, calculated at ₹237 per warrant. The warrant exercise price represents 75% of the warrant issue price.
Impact on Capital Structure
Following this allotment, the company’s issued and paid-up capital has increased to ₹50,45,18,950, comprising 50,45,18,950 equity shares with a face value of ₹1 each.
Breakdown of Allottees
The equity shares were allotted to:
- Vikash Bajaj: 14,000 shares
- Dr Soumen Chakraborty: 10,000 shares
Source: BSE
