ALPHA TRIBE

Sunshield Chemicals LtdResults, 31-07-2025: Result

31-07-2025 | 12:04 pm

The company's board has approved the financial results for the quarter ended June 30, 2025, which received an unmodified report from the auditor. Importantly, the board approved a fresh plan to raise up to Rs. 150 Cr through a Rights Issue of equity shares. This supersedes previous rights issue approvals and withdraws an earlier offer document, clarifying it is not an additional fundraising. A committee is authorized to finalize issue terms. The board also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship Committees, effective October 21, 2025, streamlining governance.

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