Himadri Speciality Chemical has announced amendments to its corporate policies, specifically addressing related party transactions and the determination of material subsidiaries. The changes were approved by the company’s Board of Directors during a meeting held on 23 April 2026.
The updated ‘Policy on Materiality of and Dealing with Related Party Transactions’ aligns with Regulation 23(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This policy governs the identification and management of transactions with related parties, ensuring transparency and compliance with regulatory standards.
Additionally, the company has revised its ‘Policy for Determination of Material Subsidiaries’. This policy outlines the criteria for recognising subsidiaries that are material to the company’s operations, thereby influencing the decision-making process and financial disclosures.
Both updated policies are accessible on Himadri Speciality Chemical‘s official website, www.himadri.com, providing stakeholders with detailed information on the company’s governance practices.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).