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Saptak Chem And Business LtdImportant, 14-10-2025: Company Update

14-10-2025 | 07:45 pm

Saptak Chem and Business's board approved a preferential issue of 40 lakh convertible equity warrants to public shareholders. Each warrant, priced at Rs. 10.50, can be converted into one equity share within 18 months. This initiative aims to raise Rs. 4.20 crore for the company's operations, subject to shareholder approval at an upcoming Extra Ordinary General Meeting. Furthermore, the board appointed Mr. Jubin Premji Gada as an Additional Non-Executive Independent Director. These actions provide potential funding for growth and strengthen governance.

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