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

Ishan Dyes & Chemicals' board has approved a significant capital expansion. The company will increase its authorized share capital from ₹25 crore to ₹35 crore. Additionally, the board greenlit a preferential issue to raise funds: ₹28.88 crore will be raised through convertible warrants issued to promoters, and ₹34.12 crore via fully paid-up equity shares to non-promoters. Both warrants and shares are priced at ₹63 each. An Extra-Ordinary General Meeting (EGM) is scheduled for August 14, 2025, to seek shareholder approval for these strategic moves, aiming to strengthen the company's financial position.