Mitsu Chem Plast to hold EGM on Sep 9 for Preferential Issue

Mitsu Chem Plast Ltd has announced an Extra Ordinary General Meeting (EGM) to be held on September 9, 2026, at 2:30 PM IST via Video Conferencing. The primary agenda is to consider and approve a special business item: the issue of up to 10,00,000 warrants convertible into equity shares to promoters and non-promoters on a preferential basis. These warrants will be issued at Rs. 151 each, convertible into equity shares of Rs. 10 face value with a premium of Rs. 141 per share. The proposed allotment includes 4,75,000 warrants to Manish Mavji Dedhia and a portion to Sanjay Mavji Dedhia, both identified as promoters.