Corporate Action11 Aug 2026, 05:11 pm
Chadha Papers Approves Redemption of Preference Shares
AI Summary
Chadha Papers Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, approved the redemption of 5,00,000 units of 0.01% Redeemable Non-Convertible, Non-Cumulative Preference Shares. These shares are part of a larger issuance from FY 2015-16 and will be redeemed out of the company's distributable profits. The company also intimated the record date for this redemption as August 21, 2026.
Key Highlights
- Board approved redemption of 5,00,000 preference shares.
- Redemption is from distributable profits.
- Record date set for August 21, 2026.
- Meeting held on August 11, 2026.
- Disclosure made under SEBI Listing Regulations.
Price Impact
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