ALPHA TRIBE

Shish Industries LtdImportant, 22-12-2025: Company Update

22-12-2025 | 11:12 pm

Shish Industries has approved an increase in its Authorized Share Capital from ₹40 Cr to ₹53 Cr, aiming to facilitate future fundraising. The board also approved a preferential issue of up to 4.00 Cr equity shares to 7 investors and up to 8.41 Cr fully convertible equity warrants to 192 investors, convertible over 18 months. These actions, subject to shareholder approval, will significantly alter the ownership structure, reducing promoter stake from 60.55% to 45.70% and increasing public stake from 39.45% to 54.30%, demonstrating a strategic move for capital infusion.

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