CDG Petchem Ltd — Updates, 14-06-2025: Company Update

CDG Petchem has announced a board meeting on April 8 approving the allotment of 61.58 lakh equity shares at Rs. 41 each, raising Rs. 25.25 Cr from proposed promoter and non-promoter investors. Additionally, 7.645 lakh warrants were allotted at Rs. 41 each, with 25% upfront payment received totaling Rs. 78.36 lakh. Each warrant is convertible into one equity share on payment of the balance price. This capital raise supports strengthening the company’s financial position and growth plans by bringing in fresh equity from strategic investors.