Company Update

AI Champdany Industries Limited has extended 1,14,353 non-convertible 2% cumulative preference shares, each valued at Rs. 5. These shares, offering a fixed 2% cumulative dividend, are now renewed for another five years until March 29, 2030. This decision maintains the company's existing capital structure and financial commitments towards these preference shareholders, ensuring continuity in its funding arrangements.

The terms of issue remain unchanged, impacting future dividend payouts and the company's overall financial health for the next half-decade.