Indian Link Chain Manufacturers Ltd — Others, 15-05-2025: AGM/EGM

Indian Link Chain Manufacturers Limited has announced a board meeting to consider raising Rs. 18.11 Cr through preferential issue of 25.5 lakh equity shares and Rs. 37.63 Cr through 53 lakh convertible warrants to non-promoter investors at Rs. 71 per share/warrant. These funds will support business expansion, working capital needs, and new projects. Following allotment, the authorized share capital will increase from Rs. 1 Cr to Rs. 84 Cr. Major non-promoter investor Rajendra Chodankar will become promoter post completion of a regulatory open offer, signaling a change in company control.