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 Ltd has received approval from BSE dated May 22, 2026, for the forfeiture of 1,71,329 partly paid-up equity shares. The forfeiture was triggered because shareholders failed to pay the balance call money despite receiving a Reminder-cum-Forfeiture notice on March 05, 2026. BSE has confirmed the forfeiture and the distinctive numbers of the forfeited shares are listed in Annexure-I. The shares had a face value of Rs 10 each but were only partly paid-up at the time of forfeiture.
Shareholders whose shares were forfeited lose their entire investment in those shares. This action simplifies the company's share capital structure and removes non-paying shareholders from the registry. For remaining shareholders, this is a neutral-to-positive development as it reduces uncertainty around unpaid calls.