Shish Industries Ltd — Important, 22-12-2025: Company Update

Shish Industries' board approved a capital expansion plan to fund future growth. The authorized share capital will increase from ₹40 Crore to ₹53 Crore. The company also plans to issue up to 4.00 Crore new equity shares and up to 8.41 Crore fully convertible equity warrants on a preferential basis to a total of 199 investors. These warrants are convertible into equity shares over 18 months. These initiatives, subject to shareholder approval, aim to bolster the company's financial position, though they are expected to dilute promoter shareholding from 60.55% to 45.70% post-allotment and full warrant conversion.