NSEGeneral Updates29 Jun 2026 · 29 Jun 2026, 03:25 pm
General Updates
ZUARI INDUSTRIES LIMITED · ZUARIIND
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ZUARI INDUSTRIES LIMITED has informed the Exchange about Redemption of 7% Non-Convertible Preference Shares and Declaration of Dividend Thereon. The company has redeemed 81,448, 7% NCRPS of Rs.10/- each and declared an Interim Dividend on total 50,81,448, 7% NCRPS of Rs.10/- each at the rate of 1.72603%.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10
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ZUARI INDUSTRIES LIMITED has informed the Exchange about Redemption of 7% Non-Convertible Preference Shares and Declaration of Dividend Thereon
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ZUARI INDUSTRIES LIMITED
5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India
Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in
29 June 2026
National Stock Exchange of India Ltd BSE Limited
Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (E) Dalal Street,
Mumbai- 400 051 Mumbai - 400 001
NSE Symbol: ZUARIIND BSE Scrip Code: 500780
Sub: Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015, as amended – Redemption of Unlisted 7% Non-
Convertible Redeemable Preference Shares and declaration of dividend thereon
Dear Sir/Madam,
Please note that 59,22,080, Unlisted 7% Non-Convertible Redeemable Preference Shares
(“7% NCRPS”) were issued and allotted in accordance with the Scheme of Amalgamation
between Zuari Industries Limited (formerly Zuari Global Limited) (“Company”) and Gobind Sugar
Mills Limited (“GSML”) and their respective shareholders and creditors (“Scheme”), to the
preference shareholders of GSML.
Out of the aforesaid 59,22,080 7% NCRPS, 8,40,632 have already been redeemed in
September 2025. Further, out of the remaining 50,81,448, 7% NCRPS, the term of 81,448, 7%
NCRPS is expiring on 29 June 2026.
Accordingly, the Board of Directors of the Company, by resolutions passed by circulation today,
i.e., 29 June 2026, approved the redemption of 81,448, 7% NCRPS of Rs.10/- each and
declared an Interim Dividend on total 50,81,448, 7% NCRPS of Rs.10/- each at the rate of
1.72603% (approx.), i.e., Re. 0.172603/- (approx.) per 7% NCRPS for the period from 1 April
2026 to 29 June 2026.
This intimation is being submitted voluntarily for information only, as the aforesaid preference
shares are not listed on any stock exchange.
You are requested to kindly take the same on record.
Thanking You,
For Zuari Industries Limited
Yadvinder Goyal
Company Secretary
Registered Office
Jai Kisaan Club, Jalvayu Colony Road, Near MES College, Zuarinagar, Sancoale, Goa – 403726
CIN No.: L65921GA1967PLC000157