Announced Sat, 14 Mar · 12:18 IST

Intimation of Record date for Second Call on partly paid-up Rights Issue Equity shares of Eco Hotels and Resorts Limited

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AI summary

Eco Hotels and Resorts has fixed Thursday, March 19, 2026 as the record date for the second call on its partly paid-up rights issue equity shares. The company is calling Rs. 3.80 per share, of which Rs. 2.50 goes towards face value and Rs. 1.30 towards securities premium. This applies to 1,28,76,808 partly paid-up shares (face value Rs. 10, with Rs. 5 already paid) that were allotted on September 26, 2025 under the rights issue. The total call money being raised is approximately Rs. 4.89 crore, which will be paid by shareholders who hold these partly paid-up shares as of the record date.

Likely market impact

Shareholders holding the partly paid-up rights shares as of March 19, 2026 will need to pay Rs. 3.80 per share within the timeline set by the company. Failure to pay could result in forfeiture of shares. This is a routine follow-up to the rights issue completed in September 2025 and reflects the company collecting the remaining portion of the share price.