Outcome of Right Issue Committee Meeting, the due date for the payment of Reminder - First Call Money has been extended to April 13, 2026
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Eco Hotels And Resorts Ltd's Right Issue Committee has decided to extend the due date for payment of the First Call Money to April 13, 2026. This relates to an ongoing rights issue where existing shareholders have been allotted shares and must pay the call money amount. The extension gives shareholders additional time to arrange and complete their payment obligations. The actual document content was not accessible due to a BSE page error, but the headline confirms this is a procedural adjustment to the rights issue timeline.
The extension provides flexibility to shareholders who may need more time to pay the first call money, preventing potential forfeiture of allotted shares. This could slightly delay the company's capital raise from the rights issue but improves participation likelihood.