Company Disclosure: Redemption of Preference Shares
Redemption Details
On 31st July 2026, Emami Paper Mills Limited redeemed 7,50,000 unlisted Series II - Tranche IV Optionally Convertible Redeemable Preference Shares (OCRPS) with ISIN INE830C04053.
Financial Terms
- Face value: ₹100 per share
- Redemption premium: ₹500 per share
- Total redemption value per share: ₹600
- Total redemption amount: ₹45,00,00,000 (7,50,000 shares × ₹600)
Funding Source
The redemption was executed using available Profits/Reserves/Retained earnings of the Company, in accordance with the terms of the original issue.