Organic Recycling Systems Ltd — Important, 22-05-2026: Company Update

Organic Recycling Systems' Board has redeemed unlisted 0% Non-cumulative Redeemable Preference Shares. The company paid Rs. 3.64 Cr for 2,911 shares (Rs. 12,500/share) and Rs. 11.51 Cr for 8,738 shares (Rs. 13,175/share). The total redemption amount of Rs. 15.15 Cr was funded by proceeds from new equity shares issued upon warrant conversion. This move streamlines the capital structure and settles outstanding preference share obligations.