Mitsu Chem Plast Approves Warrant Issue of ₹15.1 Cr

Mitsu Chem Plast Ltd's Board of Directors has approved the issuance of up to 10,00,000 warrants, convertible into equity shares within 18 months. The warrants will be issued at a price of ₹151 each, aggregating up to ₹15.10 crore. A subscription price of ₹37.75 per warrant is payable upfront, with the balance of ₹113.25 payable upon conversion. The company also approved its unaudited financial results for the quarter ended June 30, 2026, re-appointed internal auditors, and appointed an additional director. An Extra-Ordinary General Meeting (EGM) is scheduled for September 9, 2026, to seek member approval for these matters.