Redemption and dividend on unlisted 7 percent preference shares

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Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹297.65

prior close

₹298.65

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.3% vs market

Sugar peers, median of 27sector-0.2%+1.0% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.0 pts more than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.5

15m

+1.1

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.5+0.3-0.2+1.0

Next day

-0.4+1.2-1.6+0.3-0.7

-2.1+0.9-3.0+0.7-2.8

-2.0+1.3-3.4+0.8-2.9

-3.3+0.6-3.8-0.4-2.9

+6.5+0.3+6.2-1.7+8.2

+34.1-1.1+35.2-3.2+37.2

15d

+20.3-2.6+22.9-1.8+22.0

+11.8-1.9+13.7-4.3+16.0

+12.6-1.0+13.6-7.3+19.9

+9.4-6.7+16.1-12.6+22.0

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board approved redemption of 840,632 unlisted 7 percent non-convertible redeemable preference shares of Rs 10 each on 19 September 2025, as their term ends. It declared an interim dividend of about Rs 0.182 per share on all 5,922,080 such shares for 17 June to 19 September 2025, totaling about Rs 10.78 lakh. These shares were issued under the Gobind Sugar Mills amalgamation and are not exchange-listed.

Likely market impact

The cash outflow is limited to the stated redemption and dividend, with no direct effect on listed equity shares because the preference shares are unlisted.