Himadri Speciality Chemical Limited has informed the Exchange about Credit Rating
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Himadri Speciality Chemical Limited has received an ESG rating from ICRA ESG Ratings Limited, a SEBI-registered ESG rating provider. The company was assigned a Combined ESG Rating of 80, categorized as 'Exceptional', which is the highest tier. The rating comprises an Impact Rating of 81 (Outstanding) and a Transition Rating of 79 (Progressing). On individual pillars, the company scored 75 in Environment (Strong), 88 in Social (Exceptional), and 82 in Governance (Exceptional). The rating was assigned on May 13, 2025, and is subject to annual surveillance review.
This is a strong sustainability endorsement that may enhance Himadri's appeal to ESG-focused institutional investors and improve its standing in global supply chains where ESG credentials are increasingly important. However, this is an ESG rating and not a credit rating, so it does not directly affect the company's borrowing costs or debt servicing ability.