Organic Recycling Systems Ltd — Important, 15-05-2026: Company Update

Organic Recycling Systems has redeemed 16,380 unlisted Class-2, 0% Non-cumulative Redeemable Preference Shares. These shares were redeemed at Rs. 12,500 per share, totaling Rs. 20.475 crore. This redemption was funded by the proceeds from a fresh issue of equity shares, which arose from the conversion of warrants. This action alters the company's capital structure by reducing its preference share liability.