Ishan Dyes and Chemicals Limited — Others, 14-08-2025: Shareholders meeting

Ishan Dyes and Chemicals held an Extra-Ordinary General Meeting to approve a significant capital raise. Shareholders considered increasing the Authorized Share Capital. The company plans to issue up to 45.85 lakh convertible warrants to promoters, raising approximately INR 28.88 Cr, and up to 54.15 lakh equity shares to non-promoters, raising around INR 34.12 Cr. Both issues are at INR 63.00 per share/warrant on a preferential basis. This strategic move aims to strengthen the company's financial position and fund future business objectives, impacting the shareholder structure and capital base.