Redemption of Unlisted Redeemable Non-Convertible Preference Shares
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Awaiting price reaction for this filing.
Bhaskar Agrochemicals Ltd has redeemed 75,000 unlisted redeemable non-convertible preference shares of face value Rs. 100 each. The total redemption amount is Rs. 75 lakhs, done at par (no premium). The shares being redeemed are non-convertible and unlisted, meaning they do not affect equity share capital or public shareholders. The intimation was filed with BSE on August 23, 2025, signed by the Joint Managing Director & CFO.
This is a routine capital restructuring action involving unlisted preference shares with no impact on equity shareholders or stock price. Public investors are not affected since the redeemed shares were unlisted and non-convertible.