Prima Agro has clarified that the Company had issued / allotted 60,00,000 Numbers of 10% Cumulative Non-Convertible Redeemable Preference Shares of Rs.10each on 12/04/2013 with 13 years maturity period. (Principal Amount- Rs. 6,00,00,000); the Company had not declared and / or paid any dividend till date due to the accumulated losses and financial problems; the Company had not listed the said issue with any Stock Exchange; The said 10% Cumulative Non-Convertible Redeemable Preference Shares will be matured for repayment with Cumulative Dividend after 13 years from the date of allotment. An Amount of Rs. 6,15,00,000 is due and payable as Cumulative Dividend as on 30.06.2023.
The above information is a part of company’s filings submitted to BSE.
