Allotment of 307800 Equity securities pursuant to Preferential Issue at its meeting held on October 16, 2025
As filed · Himadri Speciality Chemical Limited has informed the Exchange regarding allotment of 307800 Equity securities pursuant to Preferential Issue at its meeting held on October 16, 2025.
What happened
FactHimadri Speciality Chemical Limited has informed the Exchange regarding allotment of 307800 Equity securities pursuant to Preferential Issue at its meeting held on October 16, 2025. Towers, 25th Floor,. at the rate of Rs. 237/- (Rupees Two Hundred Thirty-Seven Only) per warrant, being 75% of the.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnSupported by a proposed capex of approximately Rs. 170 Crores, the project is targeted for commissioning in Q4FY28.
The feedback has been very encouraging and that is the reason we are going ahead with the CAPEX program.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- In speciality carbon black, the brownfield expansion project is progressing well, set to more than double our (management committed by Q3 FY26)
- We have earlier guided that our ambition was to double our PAT from FY24, which was Rs. 411 crores by FY27. (management committed by FY27)
Evidence
- Himadri Speciality Chemical Limited has informed the Exchange regarding allotment of 307800 Equity securities pursuant to Preferential Issue at its meeting held on October 16, 2025.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%