Disclosure regarding receipt of approval from NSE on May 19, 2026, for forfeiture of shares pursuant to Rights Issue of the Company.
CYBERMEDIA · price
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Cyber Media India Ltd has received approval from NSE on May 19, 2026, for forfeiting 1,71,329 partly paid-up equity shares that were issued under a Rights Issue. The forfeiture applies to shares where the required balance payment was not made by shareholders. The company is still awaiting similar approval from BSE Limited. Once BSE approval is received, the company will proceed with the necessary actions and make further disclosures as required under SEBI regulations.
The forfeiture reduces the company's partly paid-up share capital, consolidating ownership among shareholders who completed payment. This is a procedural update with no immediate impact on stock price, pending BSE approval.