StockWatch
·
Paper & Paper Products
Corporate Action12 Nov 2026, 06:52 pm

Cella Space Completes Partial Preference Share Redemption

AI Summary

Cella Space Ltd has successfully completed the partial redemption of its unlisted 6% Non-Convertible Redeemable Preference Shares. A total of 12,50,000 shares were redeemed at Rs. 10/- per share, amounting to Rs. 1,25,00,000/- (₹1.25 Crore). This redemption was funded from the company's divisible profits. Following this transaction, the company's post-redemption unlisted preference share capital stands reduced to Rs. 6,75,00,000/- (₹6.75 Crore) from Rs. 8,00,00,000/- (₹8.00 Crore) pre-redemption. The equity share capital remains unchanged.

Key Highlights

  • Partial redemption of 12,50,000 preference shares completed.
  • Redemption amount totals ₹1.25 Crore.
  • Funds sourced from divisible profits.
  • Preference share capital reduced to ₹6.75 Crore.
  • Equity share capital unaffected.