Bilcare Ltd. Redeems Preference Shares, Converts Warrants & Completes Subsidiary's Voluntary Liquidation

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.