Shree Hari Chemicals Export Approves ₹40.24 Crore Promoter Warrant Issue

The board approved a preferential issue of 2.285 million convertible warrants to four promoters at ₹176.10 each, raising ₹40.24 crore, subject to shareholder approval. Warrants are convertible into equivalent equity shares within 18 months, with 25% payable upfront. Context: extends the company’s recurring promoter-funded capital raising pattern.