Kimia Biosciences Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2025 ,inter alia, to consider and approve Intimation for the Board ....
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Kimia Biosciences has informed BSE that its Board of Directors will meet on Monday, May 5, 2025, at 11:30 am at the company's corporate office in New Delhi. The main item on the agenda is the payment related to Redeemable Preference Shares. The meeting also includes a general provision to consider any other matter with the Board's approval. The intimation is signed by Managing Director and CEO Sameer Goel.
The key agenda item is redemption payment for preference shares, which is a routine capital structure event and does not directly affect equity shareholders. Investors should wait for the board's outcome on May 5 for any additional decisions that may arise under 'any other matter.'