BSECompany Update1d ago · 24 Sept 2026, 11:23 am
Divestment of stake in Sturdy Niketan Private Limited, Step-down Subsidiary by Trancemarine and Confreight Logistics Private Limited, a Subsidiary of the Company.
Himadri Speciality Chemical Ltd · 500184
✦ AI SummaryDivestiture
Himadri Speciality Chemical Ltd's subsidiary Trancemarine has agreed to divest 34% of its stake in Sturdy Niketan Private Limited, a step-down subsidiary of the company. The transaction is expected to be completed within 10 days and does not result in the sale or disposal of a material subsidiary.
Analysis Scores
Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10
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Himadri Speciality Chemical Ltd - 500184 - Divestment Of Stake In A Step-Down Subsidiary By Trancemarine And Confreight Logistics Private Limited, A Subsidiary Of The Company
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Himadri
Ref. No: HSCL/Stock-Ex/2026-27/61
Date: 24/09/2026
E-mail: monika@himadri.com
Ref: Listing Code: 500184 Ref: Listing Code: HSCL
BSE Limited National Stock Exchange of India Ltd
Department of Corporate Services Exchange Plaza, C-1, Block-G
P. J. Towers, 25" Floor, Bandra Kurla Complex,
Dalal Street, Bandra (E)
Mumbai- 400 001 Mumbai- 400 051
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure
Requirements) Regulations, 2015 — Divestment of stake in a Step-down Subsidiary by
Trancemarine and Confreight Logistics Private Limited, a Subsidiary of the Company
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI Listing Regulations™), this is to inform you that the Company’s subsidiary Trancemarine
and Confreight Logistics Private Limited (“Trancemarine”) has entered into an agreement for
divestment of its stake in its subsidiary i.e. Sturdy Niketan Private Limited (“Sturdy”), by selling 34%
of its stake in the form of equity shares of Sturdy.
After this sale, Sturdy continues to be a subsidiary of Trancemarine and step down subsidiary of the
Himadri Speciality Chemical Ltd (“Company™) with 65% holding of Trancemarine in Sturdy. Neither
Trancemarine nor Sturdy is a material subsidiary of the Company, hence, the transaction does not result
in sale or disposal of shareholding or assets of material subsidiary.
The transaction would not fall within related party transactions and the buyers are not related to the
promoter/ promoter group/group companies of the Company. The transactions are expected to be
completed within 10 (Ten) days from the date of signing of the Agreement or such date as may be
mutually agreed between the parties.
We request you to kindly take on record the same.
Thanking You.
Yours faithfully,
For Himadri Speciality Chemical Ltd
(Company Secretary &
Compliance Officer)
ACS: 29322
Himadri Speciality Chemical Ltd
(Formerly known as Himadri Chemicals & industries Limited) CIN" | 27106WR1987PLC042756
Regd. Office: 23A, Netaji Subhas Road, 8th Floor, Kolkata — 700 001, India
Corp. Office: 8, India Exchange Place, 2nd Floor, Kolkata — 700 001, India
Tel: 91-33-2230-9953, 2230-4363, Fax: 91-33-2230-9051, Website: www. himadri.com