Organic Recycling Systems Ltd files SEBI Reg. 30 disclosure for redemption of unlisted 0% Non-cumulative Redeemable Preference Shares.
Company redeemed 2911 shares at ₹12,500/share (₹3.64cr) and 8738 shares at ₹13,175/share (₹11.51cr), totaling ₹15.15cr.
Redemption was approved by the Board and funded from proceeds of fresh equity shares issued upon warrant conversion.