Ishan Dyes and Chemicals Limited — Others, 23-07-2025: Shareholders meeting

Ishan Dyes and Chemicals has called an Extra-Ordinary General Meeting (EOGM) on Thursday, August 14, 2025, to seek shareholder approval for key strategic initiatives. The company plans to increase its authorized share capital from INR 25 Cr to INR 35 Cr. This EOGM also seeks approval for a preferential issue of 45.85 lakh convertible warrants to promoters and 54.15 lakh equity shares to non-promoters, both priced at INR 63 per unit. The total funds expected from this issue are INR 63 Cr, earmarked for debt repayment, plant & machinery upgrades, and working capital needs. The new shares will rank equally with existing shares. No change in company control is expected.