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Emami Paper Mills Redeems OCRPS Worth ₹7.2 Crore
Emami Paper Mills Limited
January 20, 2026, 09:32 AM
Emami Paper Mills redeemed 4,80,000 Series II- Tranche II OCRPS on January 20, 2026. Each share had a face value of ₹100 and was redeemed with a ₹500 premium. The redemption was funded by the company's profits and reserves.
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Emami Paper Mills Limited announced on January 20, 2026, the redemption of its unlisted 4,80,000 Series II- Tranche II Optionally Convertible Redeemable Preference Shares (OCRPS) with ISIN INE830C04046. Each share had a face value of ₹100 and was redeemed along with a premium of ₹500 per share.
The total redemption amount for these OCRPS, held by OCRPS Holders, was facilitated in accordance with the terms of the issue. The redemption was funded through the company's available profits and reserves.
This action follows a previous communication on December 2, 2025, regarding the Board of Directors' resolution on this matter.
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