Indian Link Chain Manufacturers Ltd — Important, 17-09-2025: Company Update

The Indian Link Chain Manufacturers Limited's Allotment Committee approved a preferential issue. The company issued 2 lakh equity shares at ₹71 each, raising ₹1.42 Cr from a non-promoter allottee. This allotment increased the company's paid-up equity share capital from ₹2.475 Cr to ₹2.675 Cr. Additionally, the committee allotted 53 lakh convertible warrants at ₹71 per warrant to various non-promoters, securing an initial 25% payment of ₹9.41 Cr. This capital-raising exercise is significant for the company's financial position and will lead to potential equity dilution for shareholders upon full warrant conversion.