Himadri Speciality Chemical Limited (HSCL) — Announcement | 10 July 2026

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📢 Key Event
ICRA upgrades HSCL's long-term rating to AA (Stable) and reaffirms short-term rating.

🔄 What Changed
Long-term rating upgraded from [ICRA]AA- (Positive) to [ICRA]AA (Stable); outlook revised to Stable.

💡 Investor Takeaway
The upgrade signals stronger creditworthiness and stability, potentially lowering financing costs for shareholders.

Himadri Speciality Chemical Limited announced that ICRA upgraded its long-term rating from [ICRA]AA- (Positive) to [ICRA]AA (Stable) and revised the outlook to Stable, while reaffirming the short-term rating at [ICRA]A1+ for facilities including a ₹1,980.86 crore working capital loan and ₹500 crore commercial paper program.

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About Himadri Speciality Chemical Limited (HSCL)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹30,070.68 Cr P/E: 56.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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