Citichem India Ltd Approves Issuance of up to 4700000 Convertible Warrants

Citichem India Ltd has approved the issuance of up to 4700000 warrants convertible into 4700000 Equity Shares of face value of Rs. 10/- each at a price of Rs. 29/- per warrant, amounting to INR 136,300,000/-. This decision was made at the Extra- ordinary General Meeting (EGM) held on Monday, 15th December, 2025. The warrants will be issued to promoters and others on a preferential basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, subject to the approval of regulatory/ statutory authorities.