Quarterly Result12 Mar 2026, 04:11 pm
Hemang Resources Ltd. Receives Consent for Preference Shares Redemption and Declares Accumulated Dividend
AI Summary
Hemang Resources Ltd. has received consent from preference shareholders for the redemption of 2% Cumulative Preference Shares in one or more tranches. The company has also approved the payment of accumulated cumulative dividends on the preference shares. The Board also considered other routine matters, including the approval of a loan to Harcreage Real Estates Private Limited.
Key Highlights
- Consent received for preference shares redemption
- Approval for redemption of 8,00,000 (Eight Lakh) 2% Cumulative Preference Shares
- Authorization for payment of accumulated cumulative dividend on preference shares
- Approval for granting a loan to Harcreage Real Estates Private Limited
Price Impact
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