Paramount Dye Tec Limited — Others, 07-06-2025: Shareholders meeting

Paramount Dye Tec Limited has announced a board meeting to approve a preferential issue of up to 75,000 equity shares at Rs. 60 each, aiming to raise Rs. 45 lakh for general corporate purposes. The shares will be allotted to Manasi Commodities LLP, a non-promoter entity. The company also plans to issue up to 9.96 lakh convertible warrants at the same price, totaling Rs. 5.98 Cr, to both promoter and non-promoter allottees, including Managing Director Kunal Arora. Warrants can be converted into equity shares within 18 months, with no expected change in management control.