The Company had redeemed all its 6% Non-cumulative Redeemable Preference Shares of Rs.10/- each on 15th March, 2012 as per the Scheme of Arrangement (Demerger Scheme) approved by the Hon'ble High Court of Allahabad between Kothari Products Limited and the Company and accordingly the redemption cum Dividend Warrants were sent to all the shareholders of the company entitled thereto. For any queries, in this regard, you may contact the share department at the Registered Office of the Company Redemption of Preference Shares in PPIL