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The board approved up to 10 lakh preferential convertible warrants at ₹151 each, potentially raising ₹15.1 crore; promoters will subscribe to 8 lakh, subject to shareholder and regulatory approvals. Q1FY27 revenue increased 11.6% to ₹95.15 crore and PAT rose to ₹8.74 crore from ₹1.31 crore, though the warrants imply potential dilution.
Mitsu Chem Plast Approves ₹15.1 Crore Preferential Warrant Issue
Mitsu Chem Plast Schedules August 14 Board Meeting To Consider Fundraising
Mitsu Chem Plast Adds 3,550 MT Capacity With ₹1.94 Crore Investment