Board Meeting13 Jul 2026, 06:20 pm
Cella Space Ltd Declares Unaudited Standalone Results; Approves Share Redemption
AI Summary
Cella Space Ltd announced the outcome of its Board Meeting held on July 13, 2026. The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026. Due to the sale of its subsidiary, Vijay Logistics Parks Private Limited, on May 14, 2026, no consolidated financials were considered. The Board also approved the redemption of 20,00,000 Non-Convertible Redeemable Preference Shares, amounting to ₹2,00,00,000, utilizing divisible profits. The appointment of Mr. Vignesh Rajkumar as Director was deferred. The statutory auditors issued an unmodified opinion on the standalone financial results.
Key Highlights
- Approved unaudited standalone financial results for Q1 FY27.
- No consolidated financials due to subsidiary sale.
- Approved redemption of 20 Lakh preference shares worth ₹2 Crore.
- Appointment of a new director was deferred.
- Statutory auditors issued an unmodified opinion.
Price Impact
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