Ishan Dyes and Chemicals Limited — QIP/Rights/Pref., 16-07-2025: Preferential issue

Ishan Dyes & Chemicals' Board approved raising a total of INR 63.00 Crore through a preferential issue. This includes 45.85 lakh convertible warrants for promoters and 54.15 lakh fully paid-up equity shares for non-promoters/public, all priced at INR 63 per security. The warrants can convert into equity shares within 18 months. The company also approved increasing its authorized share capital from INR 25 Crore to INR 35 Crore. Shareholder approval for these proposals will be sought at an Extra-Ordinary General Meeting scheduled for August 14, 2025.