Chadha Paper has established August 21, 2026, as the record date for the payment of 5,00,000 unlisted 0.01% Redeemable Non-Convertible, Non-Cumulative Preference Shares. This payment relates to a subset of the 23,76,610 similar preference shares originally issued by the company during FY2016. The announcement ensures eligible shareholders are identified for the upcoming financial settlement.

The disclosure was made pursuant to Regulation 60 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chadha Papers submitted the intimation to the BSE Limited Corporate Relation Department. The filing specifies that the shares in question are unlisted and carry a nominal interest rate of 0.01% per annum.

Payment Details

The following table outlines the specific issue details and the critical date for shareholder eligibility:

Shareholders holding these specific instruments on the record date will be entitled to receive the payment. The company did not disclose the exact due date for the payment in this filing, only confirming the cutoff date for eligibility.

Context of the Issue

The 5,00,000 shares subject to this record date represent a portion of the total 23,76,610 0.01% Redeemable Non-Convertible, Non-Cumulative Preference Shares issued by Chadha Papers in FY2016. These instruments are non-cumulative, meaning any missed dividends or interest payments do not accumulate for future payment unless declared by the Board. The low coupon rate of 0.01% suggests these may be capital management instruments rather than primary income-generating securities for investors.

Regulatory Compliance

By fixing the record date, Chadha Papers is adhering to its listing obligations with the Bombay Stock Exchange. The Whole Time Director, Amanbir Singh Sethi, authorized the communication from the company’s registered office in Gurugram, Haryana. Investors should monitor subsequent communications for the actual disbursement date of the funds.

The Board of Directors of chadha paper will convene on Tuesday, August 11, 2026, at 4:30 P.M. to consider the partial redemption of its 0.01% Redeemable Non-Convertible, Non-Cumulative Preference Shares. The meeting, held at the company’s corporate office in New Delhi, focuses on reducing the remaining outstanding share capital of this specific instrument, continuing a multi-year process of liability reduction initiated after the initial issuance in FY2015-16.

Redemption Context and History

The proposed action pertains to the remaining 23,76,610 units of 0.01% Redeemable Non-Convertible, Non-Cumulative Preference Shares. These shares are unlisted and were part of a larger issuance of 61,26,610 shares made during FY2015-16. The company has systematically redeemed portions of this block over the past few years, as detailed below:

The cumulative redemptions listed above account for a significant portion of the original issue, leaving the current balance of 23,76,610 shares available for further partial redemption consideration by the Board.

Trading Window Closure

In accordance with the Code of Conduct to Regulate, Monitor and Report Trading in Securities of the Company, the trading window for dealing in Chadha Papers Limited securities remains closed for all Designated Persons and their Immediate Relatives. This closure is effective until two days following the declaration of Unaudited Financial Results for the quarter ended August 14, 2026. This measure ensures compliance with insider trading regulations while sensitive financial data is being finalized.

Regulatory Compliance

The intimation regarding the Board meeting was issued pursuant to Regulation 50(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was submitted to BSE Limited on August 03, 2026, referencing Script Code 531946. Amanbir Singh Sethi, Whole Time Director, authorized the communication on behalf of the company.

What the Numbers Show

The structured approach to redeeming these low-coupon (0.01%) preference shares indicates a deliberate strategy to optimize the company’s capital structure. By retiring non-cumulative debt-like instruments that carry negligible interest costs, the company may be aiming to simplify its equity base or prepare for future capital allocation strategies. The consistent timeline of redemptions over three years suggests a planned execution rather than reactive financial management.