Shree Pushkar Approves Q2 FY27 Results, ₹70 Cr Expansion, and Preferential Warrants

Shree Pushkar Chemicals & Fertilisers Ltd announced key decisions from its Board Meeting held on November 2, 2026. The company approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. A significant expansion plan was greenlit, involving a new chemical plant at Unit-5 in Ratnagiri, Maharashtra, with a capital expenditure of ₹70 crores. To fund this expansion, the company will increase its authorized share capital and issue up to 8,54,060 fully convertible warrants on a preferential basis to the promoter, Mr. Punit Gopikishan Makharia, at ₹526.90 per warrant. Additionally, an Extra-Ordinary General Meeting (EGM) has been scheduled for December 2, 2026, to approve these proposals.