Himadri Speciality Chemical (HSCL) has finalized its investment in Sicona Battery Technologies.

HSCL has now cumulatively invested AUD 18,447,000 through Compulsorily Convertible Notes (CCNs) in the battery tech firm.

This investment strategically positions HSCL in the advanced battery materials sector.

While not granting immediate voting rights or control, these CCNs are structured to convert into Sicona shares per agreed terms, offering future participation and potential upside in this critical growth area.