Board of Patanjali Foods approves pre-mature redemption of preference shares

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At meeting held on 13 March 2024
The Board of Patanjali Foods at its meeting held on 13 March 2024 has approved pre-mature redemption of 1,79,22,540 - 0.0001% Cumulative Redeemable Non-convertible Preference Shares of the Company out of the profits of the Company.Due to aforesaid pre-mature redemption of preference shares, the paid-up share capital of the Company stand reduced from Rs. 25,162.44 Lakhs to Rs. 7,239.90 Lakhs divided into 36,19,94,853 equity shares of Rs. 2/- each.
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First Published: Mar 13 2024 | 6:27 PM IST