Acquisition

Himadri Speciality Chemical (HSCL) has made a further investment of AUD 25,59,000 in Sicona Battery Technologies Pty Ltd through Compulsorily Convertible Notes (CCNs). This latest infusion brings HSCL's total investment in the battery technology firm to AUD 1,67,53,000. While HSCL doesn't gain immediate voting rights or control, these CCNs will convert into shares.

This strategic move highlights HSCL's ongoing commitment to advanced battery materials, positioning itself for future growth and product portfolio enhancement in the innovative battery tech sector.