Emami Paper Mills Limited — Board Meeting, 01-07-2025: Outcome of Board Meeting

Emami Paper Mills has announced a board meeting where they approved extending the tenure of 15 lakh Series II Tranche I OCRPS by 4 years, now redeemable by August 2029. The redemption premium per share will rise from Rs. 500 to Rs. 717. Shareholder approval will be sought via postal ballot. The board also greenlit seeking shareholder approval for the re-appointment of Smt. Mamta Binani as an Independent Director for another 5-year term starting August 2025. The postal ballot process and cut-off date for voting have been finalized.