Himadri Speciality Chemical Limited — Important, 04-02-2025: Updates

Modern Hi-Rise Private Limited, along with its promoters, has disclosed the acquisition of 1,00,000 equity shares of Himadri Speciality Chemical Ltd, representing 0.02% of the total voting capital. Prior to this acquisition, the group collectively held 26,47,59,302 shares, amounting to 51.61% of the voting rights, which has now increased to 26,48,59,302 shares, or 51.63%. The acquisition occurred through open market transactions between January 28 and January 30, 2025. This move could signal a strengthening of the promoter group's position in the company, presenting a positive outlook for investors as they may benefit from increased control and strategic direction.