BSEEastern Treads LtdLowNeutral
Announced Fri, 30 May · 18:05 IST

We herewith intimate that the Bombay Stock Exchange has approved the annulment of forfeiture of 900 equity shares of the company.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Eastern Treads Ltd has received approval from the Bombay Stock Exchange (BSE) to annul the forfeiture of 900 equity shares. These shares had been previously forfeited by the company due to non-payment of allotment or call monies by the allottee. The shares, bearing distinctive numbers 3664001 to 3664900, belonged to Mrs. Wahida Begum G and will now be restored to her and considered good delivery in the market. The company's board had originally approved this annulment at its meeting on February 14, 2025, subject to stock exchange approval, which was granted via BSE notice dated May 29, 2025.

Likely market impact

This is a very minor corporate action involving only 900 shares out of the company's total equity. It has negligible impact on shareholding structure, earnings per share, or stock price for existing shareholders.