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Himadri Speciality raises Rs 50 crore through commercial paper

28 Mar 2020 Evaluate

Himadri Speciality Chemical has raised Rs 50 crore through commercial paper and allotted 1000 units of commercial paper of Rs 5,00,000 each, at a discount rate of 6.00% p.a. The Finance and Management Committee of the Board of Directors at its meeting held on March 27, 2020, allotted the same.

Himadri Speciality Chemical is the largest vertically integrated speciality carbon company and the largest producer of coal tar pitch in India with headquarters in Kolkata, West Bengal.

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