Himadri Speciality Chemical Ltd - Intimation Regarding Issuance And Allotment Of Commercial Paper Amounting To Rs 50 Crores

In terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, intimation is hereby given that pursuant to power delegated by the Board of Directors at its meeting held on 17 December 2019, the Finance and Management Committee of the Board of Directors at its meeting held on today 27 March 2020, has allotted 1000 units of commercial paper of Rs. 5,00,000/- each, aggregating to Rs.50 Crores at a discount rate of 6.00% p.a.