StockWatch
·
Sugar
Investment30 Jan 2026, 03:24 pm

Piccadily Sugar & Allied Industries Ltd to Consider Approval of Rs. 10 Crores NCRPS Issue

AI Summary

Piccadily Sugar & Allied Industries Ltd has informed BSE that a meeting of the Board of Directors is scheduled on 05/02/2026. The agenda includes consideration and approval of non-convertible, cumulative, non-participating, Redeemable Preference shares on a private placement basis ('NCRPS') worth Rs. 10,00,00,000 (Ten Crores). This is in accordance with Regulation 29(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable Regulations.

Key Highlights

  • Piccadily Sugar & Allied Industries Ltd scheduled a Board Meeting on 05/02/2026
  • The agenda includes consideration and approval of issuing and allotting NCRPS worth Rs. 10,00,00,000
  • The NCRPS will be issued on a private placement basis
  • The decision is in accordance with SEBI Regulations 2015 and other applicable Regulations