Intimation of Right Issue Committee Meeting to be held on March 14, 2026 to consider the Second Call Money on Partly Paid-up Shares
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Eco Hotels and Resorts has informed BSE that its Rights Issue Committee will meet on March 14, 2026 to consider calling the second instalment (call money) on 1,28,76,808 partly paid-up equity shares. These shares were issued through a rights issue to eligible shareholders, with the Letter of Offer dated August 29, 2025. The company had previously secured board approvals in December 2024, January 2025, and March 2025 for the rights issue. This is a procedural intimation under SEBI's listing regulations.
Existing shareholders who did not fully pay up on their rights entitlement may need to prepare for the second call payment. Failure to pay could result in forfeiture of shares. No new fundraising or dilution is happening at this stage — the company is simply collecting the next tranche of already-committed capital.