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Incorporated in 1961, Ushanti Colour Chem Ltd is in the business of Manufacturing of Dyestuffs, Pigments and Intermediates
Ushanti Colour Chem Limited has submitted its Annual Secretarial Compliance Report for FY26. The report confirms the company's full compliance with all applicable standards and regulations, with no deviations observed during the financial year.
Ushanti Colour Chem's board approved migrating its equity shares from NSE's SME Emerge platform to the Main Board. This move, pending shareholder and NSE approvals, aims to enhance market presence and investor access.
Ushanti Colour Chem plans to raise 17.98 Cr via preferential warrants at ₹58 each for working capital, subsidiary investment, & general purposes, leading to shareholder dilution. The company also seeks approval for material transactions up to 100 Cr per deal with its subsidiary.
Ushanti Colour Chem seeks shareholder nod to raise ~₹17.98 Cr via 31 lakh warrants at ₹58/share for subsidiary investment & working capital. A corrigendum clarifies shareholding details. Also, approval is sought for material related party transactions up to ₹100 Cr each with its subsidiary.