Ishan Dyes & Chemicals has informed that the Board of Directors of the Company at their meeting held on Monday, September 20, 2021, has approved the allotment of 50,00,000 Convertible Equity Warrants ('Warrants') of face value of Rs 10 each at an issue price of Rs 61 each including premium of Rs 51 each convertible into 1 Equity Share of face value of Rs 10 each at an issue price of Rs 61 each including premium of Rs 51 each, on a Preferential basis to the Promoters and Non-Promoters as per the disclosure attached. The meeting commenced at 02.00 PM IST and concluded at 02:30 PM IST.
The above information is a part of company’s filings submitted to BSE.