Investment27 Mar 2026, 02:29 pm
Emami Paper Mills Ltd Redeems 2,70,000 Series II - Tranche III OCRPS
AI Summary
Emami Paper Mills Ltd has successfully redeemed its 2,70,000 unlisted Series II - Tranche III Optionally Convertible Redeemable Preference Shares (OCRPS) on 27th March, 2026. The redemption was carried out in accordance with the terms of the issue, with each shareholder receiving a redemption premium of Rs.500/- (Rupees Five Hundred) along with the face value of Rs.100/- (Rupees Hundred) per share. The OCRPS were redeemed out of the available profits/reserves of the company. Stakeholders are requested to take note and update their records accordingly.
Key Highlights
- Emami Paper Mills Ltd redeemed 2,70,000 Series II - Tranche III OCRPS on 27th March, 2026.
- Redemption was carried out in accordance with the terms of the issue.
- Each shareholder received a redemption premium of Rs.500/- (Rupees Five Hundred) per share.
- OCRPS were redeemed out of the available profits/reserves of the company.
- Stakeholders are requested to update their records accordingly.
Price Impact
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