Emami Paper Mills Redeems OCRPS Worth ₹11.25 Cr

Emami Paper Mills Limited has announced the redemption of its 11,25,000 unlisted Series III Optionally Convertible Redeemable Preference Shares (OCRPS) on September 16, 2026. The redemption, valued at Rs. 100 face value and Rs. 600 premium per share, amounts to a total redemption of approximately ₹11.25 crore. This action was taken in accordance with the terms of the issue and was funded by the company's available profits, reserves, and retained earnings. The company has formally intimated this redemption to the stock exchanges.