Mitsu Chem Plast Approves ₹15.1 Crore Preferential Warrant Issue

Q1 FY27 Standalone Results YoY: Revenue at 95.1 Cr vs 85.3 Cr, up 11.6%. EBITDA at 15.7 Cr vs 5.1 Cr, up 205.5%. EBITDA Margin at 16.5% vs 6.0%, expansion of 1050bps; no specific driver disclosed in the filing. PAT at 8.7 Cr vs 1.3 Cr, up 566.2%. Board approved a proposed preferential issue of 10 lakh convertible warrants at Rs 151 each, aggregating up to 15.1 Cr, with 8 lakh warrants allocated to promoters and 2 lakh to Rikhav Securities, subject to shareholder and regulatory approvals.