Quarterly Result30 March 2026 at 02:31 pm
Bilcare Ltd. Redeems Preference Shares, Converts Warrants & Completes Subsidiary's Voluntary Liquidation
AI Summary
Bilcare Ltd. has announced the redemption of 31,50,000 Preference Shares of Caprihans India Limited, worth approximately INR 3.15 crore. Additionally, the company has converted 12,90,000 warrants into equity shares of Caprihans India Limited. Furthermore, Bilcare's wholly owned subsidiary in the United Kingdom, Bilcare GCS Limited, has successfully completed its voluntary liquidation. The liquidation proceedings have resulted in a remittance of GBP 195,781.83 to the company.
Key Highlights
- Bilcare Ltd. redeemed 31,50,000 Preference Shares of Caprihans India Limited.
- The company converted 12,90,000 warrants into equity shares of Caprihans India Limited.
- Bilcare GCS Limited, a wholly owned subsidiary in the United Kingdom, has completed its voluntary liquidation.
- The liquidation proceedings have resulted in a remittance of GBP 195,781.83 to Bilcare Ltd.