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Ishan Dyes and Chemicals Ltd to raise ₹63 crore
short by / on Thursday, 17 July, 2025
Ishan Dyes and Chemicals Ltd (IDCL) is set to increase its Authorised Share Capital from ₹25 crore to ₹35 crore, paving the way for fundraising. The board approved two preferential issues at ₹63 per share/warrant: one for promoters to raise ₹28.88 crore via convertible warrants, and another for non-promoters to raise ₹34.11 crore via equity shares.