Ishan Dyes and Chemicals Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting

Ishan Dyes and Chemicals has announced approvals from its recent board meeting. The company plans to significantly increase its Authorised Share Capital from Rs. 25 Cr to Rs. 35 Cr, subject to shareholder approval. A strategic fundraising plan was also approved, involving preferential issues totaling Rs. 63 Cr. This includes Rs. 28.88 Cr from convertible warrants to promoters and Rs. 34.12 Cr from equity shares to non-promoters/public, both priced at Rs. 63 per share/warrant. An Extraordinary General Meeting will be convened on August 14, 2025, to seek shareholder approval for these crucial steps.