Emami Paper Mills Limited has successfully completed the redemption of its Series II-Tranche III Optionally Convertible Redeemable Preference Shares (OCRPS) on March 27, 2026. The company informed stock exchanges about this significant corporate action through a regulatory filing under SEBI's listing obligations.

Redemption Details

The redemption involved 2,70,000 unlisted OCRPS with specific financial parameters that provided attractive returns to preference shareholders.

Regulatory Compliance

The redemption was conducted in accordance with SEBI regulations and followed proper corporate governance procedures. The company had previously communicated the board resolution regarding this redemption on February 12, 2026, ensuring transparency with stakeholders.

Key regulatory aspects include:

• Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
• Proper notification to both BSE and NSE

Financial Impact

The redemption represents a significant financial transaction for Emami Paper Mills, with each OCRPS holder receiving Rs. 600 per share, comprising the face value plus a substantial premium. The company utilized its available profits and reserves to fund this redemption, indicating strong financial health and cash flow management.

The successful completion of this redemption demonstrates the company's commitment to fulfilling its obligations to preference shareholders while maintaining compliance with all regulatory requirements. This corporate action also reflects the company's strategic approach to capital structure optimization.

Emami paper mills Limited has announced that India Ratings and Research (Ind-Ra) has affirmed the credit rating for its bank loan facilities. The company informed both BSE and NSE about this development through a regulatory filing dated March 6th, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The credit rating agency has maintained its assessment of the company's banking facilities with specific ratings across different parameters. The affirmation covers the company's substantial bank loan portfolio.

Regulatory Compliance

The announcement was made through official communication to both major stock exchanges where the company's shares are listed. The disclosure ensures transparency with stakeholders regarding the company's credit standing and banking relationships.

Mukesh Kumar Agarwal, Vice President (Finance) & CFO, signed the regulatory filing on behalf of Emami Paper Mills Limited. The communication was addressed to the secretaries of both BSE Limited and National Stock Exchange of India Limited, maintaining proper regulatory protocol.

Significance for Stakeholders

The rating affirmation by India Ratings and Research indicates the agency's continued confidence in the company's creditworthiness. The stable outlook component of the rating suggests a consistent assessment of the company's financial position and its ability to service its banking obligations. This development provides important information for investors, lenders, and other stakeholders regarding the company's credit profile and financial stability.