Please refer the attached intimation.
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Awaiting price reaction for this filing.
Transchem Ltd held its 2nd EGM of FY 2025-26 on December 20, 2025 at 11:00 a.m. via video conferencing, attended by 38 members (2 promoters and 36 public shareholders). Three items of business were transacted: (1) an Ordinary Resolution to increase the Authorised Share Capital and alter the Capital Clause of the Memorandum of Association, (2) a Special Resolution for authorisation under Section 186 of the Companies Act (related to loans, investments, and guarantees), and (3) a Special Resolution for the issuance of up to 6,15,00,000 (6.15 crore) warrants on a preferential basis. The meeting, chaired by Ms. Sejal Mahendrakumar Jain, concluded at 11:25 a.m. Voting results along with the scrutinizer's report will be declared within two working days and submitted to BSE.
The biggest takeaway is the proposed preferential issuance of up to 6.15 crore warrants, which points to a meaningful capital raise and potential dilution for existing shareholders. The increase in authorised share capital and Section 186 authorisation support this fundraising and give the board flexibility for inter-corporate transactions. Investors should watch for the scrutinizer's report and allotment details, as preferential issues at this scale typically influence share price in the short term.