ALPHA TRIBE

Ishan Dyes and Chemicals LimitedOthers, 16-07-2025: Increase in Authorised Capital

16-07-2025 | 09:30 pm

Ishan Dyes and Chemicals Limited's Board has approved a capital increase and fund-raising plans, pending shareholder approval. The authorized share capital will increase from Rs. 25 Cr to Rs. 35 Cr. The company plans to raise approximately Rs. 28.88 Cr by issuing 45.85 lakh convertible warrants to promoters and Rs. 34.11 Cr by issuing 54.15 lakh equity shares to non-promoters, both at Rs. 63 per share/warrant. These actions aim to boost the company's financial flexibility. An Extra-Ordinary General Meeting will be held to seek shareholder approval for these proposals.

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