In terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Himadri Speciality Chemical has informed 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 26 December 2019, has allotted 1200 units of commercial paper of Rs 5,00,000 each, aggregating to Rs 60 Crores at a discount rate of 6.75% per annum.
The above information is a part of company’s filings submitted to BSE.