Sah Polymers Limited — Others, 30-05-2025: Shareholders meeting

Sah Polymers Limited has announced a board meeting to approve a preferential issue of up to 72 lakh convertible warrants at Rs. 90 each, raising Rs. 64.8 Cr. Warrants will be allotted to promoters and select non-promoters, including 36 lakh to promoter Aeroflex Enterprises Limited. Subscribers must pay 25% upfront, with the balance payable on conversion within 18 months. The capital raise aims to strengthen the company’s finances without changing control, and equity shares from conversion will be listed on stock exchanges. Shareholding patterns will be updated accordingly.