Board Meeting3 Nov 2026, 04:40 pm
Shlokka Dyes Board Approves Capital Increase & Preferential Issue
AI Summary
Shlokka Dyes Ltd's Board of Directors met on November 03, 2026, approving the unaudited standalone financial results for the half-year ended September 30, 2026. The board also approved an increase in authorised share capital from ₹22 Crore to ₹29 Crore. Additionally, the company will proceed with a preferential issue of up to 39,00,000 warrants convertible into equity shares, and up to 31,00,000 equity shares to promoters, promoter group, and public, at ₹35 per share, aggregating up to ₹136.5 Crore and ₹108.5 Crore respectively. An Extra-Ordinary General Meeting is scheduled for November 28, 2026, to seek shareholder approval for these issuances.
Key Highlights
- Board approved unaudited financial results for H1 FY27.
- Authorised share capital increased from ₹22 Cr to ₹29 Cr.
- Preferential issue of warrants aggregating up to ₹136.5 Cr approved.
- Preferential issue of equity shares aggregating up to ₹108.5 Cr approved.
- EGM scheduled for Nov 28, 2026, for shareholder approval.
Price Impact
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