Disclosure Information
Event Details
Redemption Particulars
- Number of shares redeemed: 200,000
- Share type: 5% Non-Cumulative Redeemable Preference Shares
- Face value per share: ₹100
- Total redemption amount: ₹2,00,00,000 (₹2 crore)
- Source of redemption funds: Profits of the Company
Legal Basis
The redemption was executed in accordance with:
- Provisions of the Companies Act, 2013
- Terms of issue of the said preference shares
Effective Date
The preference shares stand extinguished with effect from June 30, 2026.