Receipt of Call money in respect of First Reminder call & Second call money on the outstanding partly paid-up Rights Equity shares of the Company and its Conversion
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Eco Hotels And Resorts Ltd has received call money payments from shareholders holding partly paid-up rights equity shares. Shareholders paid ₹3.80 per share (₹2.50 towards face value and ₹1.30 towards securities premium) for both the first reminder call and second call. A total of 85,45,990 partly paid-up equity shares have been converted from ₹5.00 paid-up to ₹7.50 paid-up status, with the company receiving ₹3,44,07,757.40 in aggregate. The shares, originally allotted on September 26, 2025, had an initial paid-up value of ₹2.50 per share with a face value of ₹10 each. The converted shares will rank pari passu with existing equity shares.
Shareholders who paid both calls have seen their shares partially converted to higher paid-up status, bringing them closer to full payment. The company's paid-up capital increases as these shares move from ₹5.00 to ₹7.50 paid-up value.