Cella Space Limited has successfully completed the partial redemption of its unlisted 6% Non-Convertible Redeemable Preference Shares. The company made a payout of Rs. 1,25,00,000/- on 12.11.2026, redeeming 12,50,000 shares. This action reduces the total outstanding unlisted preference share capital from Rs. 8,00,00,000/- to Rs. 6,75,00,000/-, sourced from the company’s divisible profits. The equity share capital remains unchanged.
Partial Redemption of Preference Shares Completed
Cella Space Limited announced the successful completion of a partial redemption of its unlisted preference shares on November 12, 2026. This action follows an earlier intimation regarding the Board of Directors’ approval for this partial redemption.
Key Details of Redemption
The company redeemed 12,50,000 unlisted 6% Non-Convertible Redeemable Preference Shares during the current tranche. Each share had a face value of Rs. 10/- and was redeemed at the same price, amounting to a total payout of Rs. 1,25,00,000/- for this tranche.
Impact on Share Capital Structure
Prior to this redemption, Cella Space’s unlisted preference share capital stood at Rs. 8,00,00,000/- (representing 80,00,000 shares). Following the completion of the partial redemption, the paid-up preference share capital has been reduced to Rs. 6,75,00,000/- (representing 67,50,000 shares). The company confirmed that the source of funds for this redemption was its divisible profits, and the equity share capital remains unaffected.
Source: BSE
