Ushanti Colour Chem Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Ushanti Colour Chem has announced a board meeting where it approved withdrawing and canceling up to 29.78 lakh convertible equity warrants worth ₹20.25 Cr initially planned for promoters and others. The decision comes amid weak market conditions, global slowdown, and geopolitical uncertainties weighing on investor sentiment. Despite this, the company reports a healthy order book and stable business momentum. It remains optimistic about exploring alternative funding options to support growth, with operational stability and financial health firmly intact.