ALPHA TRIBE

Kanoria Energy & Infrastructure LtdImportant, 07-08-2026: Company Update

07-08-2026 | 04:24 pm

Kanoria Energy & Infrastructure's Preference Share Redemption Committee has approved the early redemption of 2,50,000 5% Redeemable preference shares, each valued at ₹100. This totals 2.50 Cr, which will be paid out of the company's profits. The redemption was initiated at the request of preference shareholders, occurring before the original due date. This move reflects proactive capital management, reduces future liabilities, and utilizes existing profits effectively.

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