Gujarat Poly Electronics Ltd — Important, 25-02-2026: Company Update

Gujarat Poly Electronics has redeemed 9,81,500 unlisted ½% Non-Cumulative Redeemable Preference Shares, previously held by Promoter Polychem Limited, at par. The company paid a total of Rs. 9.815 Crore for this redemption, utilizing its profits. This action eliminates the outstanding preference share capital, simplifying the company's capital structure and removing the associated obligations, which could benefit ordinary equity shareholders by streamlining future earnings and disclosures.