Shree Hari Chemicals Export Ltd — Important, 25-08-2026: Company Update
25-08-2026 | 08:45 pm
25-08-2026 | 08:45 pm
The company's board has approved a preferential issue of 22,85,000 Convertible Warrants, each priced at Rs. 176.10. This initiative will raise Rs. 40.24 Cr for the company. The warrants will be issued to four promoters and are convertible into an equal number of equity shares within eighteen months. This capital infusion, contingent on shareholder approval, will strengthen the company's financial position and will adjust promoter shareholding upon conversion, demonstrating their continued commitment.
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