Shish Industries Ltd Approves Preferential Allotment of Equity Shares and Warrants Worth Rs 48 Crore and Rs 24 Crore Respectively

Shish Industries Ltd announced that its Board of Directors, in their Meeting held on February 26, 2026, has approved the allotment of 4,00,00,400 equity shares and 8,11,42,550 Fully Convertible Equity Warrants. The equity shares, with a face value of Rupee 1.00 each, will be issued at a price of Rupees 12.00 per equity share, including a premium of Rupees 11.00 per equity share, amounting to a total of Rs 48,00,00,480. The warrants, each convertible into or exchangeable for 1 fully paid-up equity share of the Company, will be issued at a price of Rupees 12.00 per warrant, including a premium of Rupees 11 per warrant, amounting to a total of Rs 24,34,27,650. The allotment will increase the issued, subscribed, and paid-up equity share capital of the Company to Rupees 42,19,50,590 divided into 421950590 equity shares of face value Rupee 1.00 each.