Gujarat Poly Electronics Ltd — Important, 28-01-2026: Company Update

Gujarat Poly Electronics' Board has approved the redemption of 9,81,500 unlisted, non-cumulative redeemable preference shares, each with a face value of ₹100, totaling ₹9.815 Cr. This redemption will be made at par using the company's profits. These shares are non-cumulative, meaning no dividends will be paid upon redemption. Following this action, the company's preference share capital will be nil, eliminating future dividend obligations related to these shares. This move simplifies the capital structure and reduces long-term financial commitments.