Cyber Media (India) Limited has informed the Exchange about Intimation regarding approval received from BSE on May 22, 2026 for forfeiture of partly paid-up equity shares of the Company
CYBERMEDIA · price
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Cyber Media (India) Limited has received approval from BSE on May 22, 2026 for the forfeiture of 1,71,329 partly paid-up equity shares of Rs. 10 each. The forfeiture was carried out because the shareholders failed to pay the balance call money despite receiving a Reminder-cum-Forfeiture notice dated March 05, 2026. This action reduces the number of outstanding shares in the company. The forfeited shares will be dealt with as per the company's articles and SEBI regulations.
For existing shareholders, this forfeiture has a minor positive impact as it reduces the number of outstanding shares. However, it does not directly affect stock price or dividends. The shareholders who lost their shares forfeit any amount already paid toward these shares.