Announced Fri, 31 Jul · 16:29 IST
Emami Paper Mills redeems 7.5 lakh OCRPS worth about Rs 45 crore
EMAMIPAP · price
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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹109.59
prior close
₹114.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7——-2.0+4.0+2.5+2.2+0.2+1.7+2.2————
Up moveDown movePending
AI summary
Emami Paper Mills redeemed 7,50,000 Series II-Tranche IV Optionally Convertible Redeemable Preference Shares (OCRPS) on 31 July 2026. Shares had face value of Rs 100 each with a Rs 500 per share redemption premium, taking total outflow to about Rs 45 crore. The redemption was funded entirely from the company's profits and retained earnings.
Likely market impact
Cash outflow of about Rs 45 crore from reserves; signals financial health and removes future dividend obligations on these shares.