Reminder for payment of First Call Money on partly paid-up equity shares
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Eco Hotels and Resorts is sending a reminder to shareholders who have not yet paid the first call money on 40,08,641 partly paid-up equity shares allotted under its rights issue on September 26, 2025. The first call amount is Rs. 3.80 per share, made up of Rs. 2.50 towards face value and Rs. 1.30 towards securities premium. Shareholders have between March 19, 2026 and April 2, 2026 to make the payment. This is the fourth reminder, following earlier communications in January and February 2026.
Shareholders with unpaid partly paid-up shares risk forfeiture if they fail to pay the first call amount by the April 2, 2026 deadline. Persistent reminders suggest a meaningful portion of the rights issue remains unpaid, which could affect the company's planned capital raise.