Shivalik Rasayan to issue 3.72L Equity Shares & 9.48L Warrants

Shivalik Rasayan Limited's Board of Directors has approved the issue and allotment of up to 3,72,000 Equity Shares and 9,48,000 Fully Convertible Warrants. The Equity Shares will be issued at a price of Rs. 250/- per share, aggregating up to Rs. 9.30 crore. The Warrants will also be issued at Rs. 250/- each, convertible into equity shares within 18 months, aggregating up to Rs. 23.70 crore. These issuances are on a preferential basis to 'Public' and 'Promoter & Promoter Group' categories, subject to shareholder and regulatory approvals. An Extra-Ordinary General Meeting (EGM) is scheduled for August 20, 2026, to seek shareholder consent.