07-Nov-2026 13:11:36
HIMADRI SPECIALITY CHEMICAL LTD : BOARD APPROVES CORPORATE GUARANTEE OF INR 200 CRORES FOR STEP-DOWN SUBSIDIARY
• HIMADRI SPECIALITY CHEMICAL LTD's step-down subsidiary, Sturdy Niketan Private Limited, will avail a credit facility secured by a corporate guarantee of up to INR 200 Crores from ICICI Bank Ltd. • The company will charge a guarantee commission on an arm's length basis. • The company's corporate office will be shifted from 8, India Exchange Place, Ruby House, 2nd Floor, Kolkata -700001 West Bengal to the 5th Floor, C6/108/ New, Budge Budge Trunk Road, Kolkata - 700088, West Bengal, effective November 07, 2026. • The existing office will continue to be maintained as an additional place of office. Impact: Neutral (Corporate Guarantee and office shift are routine disclosures, with no immediate quantifiable financial impact stated.)
Himadri Speciality Chemical Ltd
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