Himadri Speciality Chemical Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Himadri Speciality Chemical (Himadri) has further strengthened its strategic partnership with International Battery Company, Inc. (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion (Li-ion) cells, through an additional investment of USD 0.66 million.

Prior to this investment, Himadri had invested an aggregate of USD 5.43 million in IBC and held a 17.29% stake on a fully diluted basis. With the latest investment, Himadri's aggregated stake has increased to 20.47% on a fully diluted basis, comprising both common and preferred stock. The increased investment reflects the meaningful progress achieved through the partnership over the past year and Himadri's continued confidence in IBC's technology platform, commercialization roadmap, and long-term growth potential.

This partnership marks a significant milestone for Himadri, supporting the commercial deployment of its Lithium Iron Phosphate (LFP) Cathode Active Materials and advanced Anode Materials. Through this alliance, Himadri gains strategic access to IBC's advanced battery technology capabilities, its R&D centre in California, manufacturing facility in South Korea, and the upcoming Gigafactory in Bengaluru, India.

Himadri Speciality Chemical has further invested USD 0.66 million for acquiring further 6,00,000 Common Stock of International Battery Company, Inc. (IBC) having face value of USD 0.00001 each.

The company has already invested USD 5.43 million in cash and held 17.29% stake in IBC on a fully diluted basis (in common stock and preferred stock).

With the above fresh investment, the aggregate stake of the company in IBC has increased to 20.47% on a fully diluted basis (in common stock and preferred stock).

Himadri Speciality Chemical announced that the Annual General Meeting(AGM) of the company will be held on 11 June 2026.

Himadri Speciality Chemical has fixed 22 May 2026 as record date for determining the Members entitled to receive the dividend of Rs 0.80 per equity share for the financial year ended 31 March 2026, if approved.