Himadri Speciality Chemical Ltd has issued commercial paper aggregating to ₹100 Crore on December 4, 2025. The company allotted 2,000 units of commercial paper with a face value of ₹5,00,000 each. The paper has a maturity date of April 3, 2026, and offers an interest rate of 6.30% per annum. The tenure of the instrument is 90 days.
Commercial Paper Issuance
Himadri Speciality Chemical Ltd announced the issuance and allotment of commercial paper totaling ₹100 Crore. The announcement was made on December 4, 2025.
Key Details of the Issuance
The company has allotted 2,000 units of commercial paper, each with a face value of ₹5,00,000. These papers are proposed to be listed on the BSE Ltd.
Tenure and Maturity
The commercial paper has a tenure of 90 days. The date of allotment is December 4, 2025, with a maturity date set for April 3, 2026.
Interest Rate
The coupon/interest rate offered for this commercial paper is 6.30% p.a., payable upfront. The principal amount will be paid upon maturity.
Security
The commercial paper is unsecured, with no special rights or privileges attached to the CPs.
Source: BSE