Cyber Media (India) Limited has informed the Exchange regarding 'Intimation on Forfeiture of Partly Paid Up Equity Shares - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.'.
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Cyber Media (India) Limited has forfeited 1,71,329 partly paid-up equity shares due to non-payment of the First and Final Call Money of ₹7.90 per share. Shareholders were given a final opportunity from March 24 to April 7, 2026 to pay the outstanding amount, but payment was not received. The forfeiture includes the application money already paid by these shareholders. The decision was made by the Rights Issue Committee on April 11, 2026, following a prior reminder notice sent on March 5, 2026. The forfeited shares relate to the company's Rights Issue that had a Letter of Offer dated July 21, 2025. Notice of forfeiture will be issued to affected shareholders.
Shareholders who failed to pay the call money have lost their entire investment (including application money already paid) on 1,71,329 shares. This reduces the company's partly paid-up equity capital as these shares are now forfeited.