Date: 16th September, 2026
Corporate Actions & Capital Structure
Redemption of Preference Shares:
- The company redeemed 11,25,000 unlisted Series III Optionally Convertible Redeemable Preference Shares (OCRPS) with ISIN INE830C04061
- Redemption occurred on 16th September, 2026
- Each share had a face value of ₹100 (Rupees Hundred) and was redeemed with a premium of ₹600 (Rupees Six Hundred)
- Total redemption value: ₹78.75 crore (11,25,000 shares × ₹700 per share)
- The redemption was funded from available Profits/Reserves/Retained earnings of the company
- This action follows the company's earlier communication dated 22nd July, 2026 regarding the Board of Directors meeting outcome
- Redemption was executed in accordance with the terms of the original issue