Ishan Dyes and Chemicals Limited — Others, 07-08-2025: Corrigendum
07-08-2025 | 06:06 pm
07-08-2025 | 06:06 pm
Ishan Dyes and Chemicals will hold an Extra-Ordinary General Meeting on August 14, 2025. The company seeks shareholder approval to increase its authorized share capital from 25 Cr to 35 Cr. Additionally, it plans to raise 63 Cr through a preferential issue. This involves issuing 45.85 lakh convertible warrants to promoters and 54.15 lakh fully paid equity shares to non-promoters, both priced at INR 63 per share/warrant. The funds are earmarked for debt repayment (20 Cr), plant & machinery upgrades (20 Cr), working capital (8 Cr), and general corporate purposes (15 Cr), aiming to strengthen the capital structure and support growth.
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