ZUARI INDUSTRIES LIMITED has informed the Exchange regarding 'Intimation for Record date on unlisted 10.5% Non-Convertible Redeemable Preference Shares and unlisted 7% Non-Convertible Redeemable Preference Shares'.
ZUARIIND · price
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Zuari Industries has fixed 16 June 2025 as the record date for its unlisted 10.5% Non-Convertible Redeemable Preference Shares (NCRPS) and 7% NCRPS. On this date, the company will identify preference shareholders eligible for (1) redemption proceeds on the 10.5% NCRPS and (2) interim dividend payments on both the 10.5% and 7% NCRPS. This follows an earlier intimation dated 27 May 2025. The filing explicitly notes that these preference shares are not listed on any stock exchange, so the announcement is submitted for informational purposes only.
No direct impact on equity shareholders or the listed stock, as the redemption and dividend relate entirely to unlisted preference shares. The cash outflow for redemption and dividend is already accounted for in the company's prior communication.