Bhatia Colour Chem Ltd — Others, 12-05-2025: Corp Action

Bhatia Colour Chem Limited has announced a board meeting outcome approving the conversion of 15,07,199 warrants into an equal number of equity shares at an issue price of Rs. 134 each, raising Rs. 15.15 crore through the balance payment on warrants. This preferential allotment was made to promoters and identified non-promoter investors, increasing the company’s paid-up capital to Rs. 13.74 crore across 1.37 crore shares of Rs. 10 each. Around 28.93 lakh warrants remain outstanding for conversion, providing further equity dilution potential in the near term. This capital infusion strengthens the company's equity base and supports ongoing business activities.