Ishan Dyes and Chemicals Limited — Others, 16-07-2025: Amendment to AOA/MOA

Ishan Dyes and Chemicals has announced a board meeting where it approved a significant capital expansion. The company plans to increase its authorized share capital to Rs 35 crore. Additionally, it aims to raise approximately Rs 28.88 crore by issuing convertible warrants to promoters and Rs 34.12 crore by issuing fully paid-up equity shares to non-promoters, both priced at Rs 63 per share. This substantial capital infusion, totaling around Rs 63 crore, is crucial for the company's operational growth and future expansion plans, subject to shareholder approval at an upcoming Extra-Ordinary General Meeting.