Saptak Chem And Business Ltd — Important, 14-10-2025: Company Update

Saptak Chem and Business Limited's board has approved a preferential issue of 40 lakh convertible equity warrants to public shareholders at Rs 10.50 per warrant, aiming to raise Rs 4.20 crore. Each warrant can be converted into one equity share within 18 months. The board also approved an Extraordinary General Meeting to be held on November 12, 2025, and appointed Mr. Jubin Premji Gada as an Additional Non-Executive Independent Director. This move is crucial for future capital infusion and strengthens the company's governance.