Date: September 24, 2026
Disinvestment / Strategic Actions
Trancemarine and Confreight Logistics Private Limited (Trancemarine), a subsidiary of Himadri Speciality Chemical Ltd, has entered into an agreement to divest 34% of its stake in Sturdy Niketan Private Limited (Sturdy) in the form of equity shares.
After the sale, Trancemarine will retain 65% holding in Sturdy, making Sturdy continue as a subsidiary of Trancemarine and step-down subsidiary of Himadri Speciality Chemical Ltd.
Neither Trancemarine nor Sturdy is a material subsidiary of Himadri Speciality Chemical Ltd, and the transaction does not result in sale or disposal of shareholding or assets of a material subsidiary.
The transaction does not qualify as a related party transaction, and the buyers are not related to the promoter/promoter group/group companies of Himadri Speciality Chemical Ltd.
The transaction is expected to be completed within 10 days from the date of signing of the Agreement (September 24, 2026) or such date as may be mutually agreed between the parties.
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Other Operational / Legal / Strategic Disclosures
Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.