Aarti Surfactants Approves Redemption of Preference Shares
Aarti Surfactants Ltd has announced the approval for the redemption of its NonConvertible Redeemable Preference Shares (NCRPS) following a Board Meeting held on July 3, 2026.The company approved the redemption of 10,82,387 fully paid-up NCRPS, each having a face value of ₹ 10/-. The shares will be redeemed at a price of ₹ 167.70 per share. This redemption price includes the original face value of ₹ 10/- and a premium of ₹ 157.70.
The preference shares carry an annualized return of 4% on the redemption price, which will be provided over a period of seven years.
Management confirmed that the redemption will be paid out from the profits or retained earnings of the company available for distribution as a dividend. These funds are sourced from the Audited Financial Statements of the company for the financial year ended March 31, 2026.
The company has set key dates related to this transaction. The Record Date, which determines the preference shareholders entitled to receive the redemption proceeds, is scheduled for Tuesday, July 21, 2026. Subsequently, the payment date for the redemption has been fixed as Wednesday, August 5, 2026.
AARTISURF Stock Price Movement
Today, Aarti Surfactants Limited saw its stock advance, settling at ₹381.50 after closing up 0.1%. The movement was supported by a total traded volume of 8,557 shares during the day's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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