Right Issue - Intimation of dispatch of First Call Money Notice to the Shareholders of Eco Hotels and Resorts Limited
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Eco Hotels and Resorts Limited has completed dispatch of the First Call Money Notice to shareholders holding partly paid-up rights equity shares. The first call amount is ₹3.80 per share (₹2.50 towards paid-up value and ₹1.30 towards premium), out of the total issue price of ₹15.20 per share. The call covers 1,28,76,808 partly paid-up shares issued earlier at a 1:4 ratio (1 rights share for every 4 fully paid shares held). The record date for the First Call was January 08, 2026, with the payment window running from January 27, 2026 to February 10, 2026. A balance of ₹11.40 per share remains payable through future calls decided by the Board. Trading in the partly paid-up ISIN (IN9638N01010) has been suspended since January 08, 2026.
Shareholders holding the partly paid-up rights shares must pay ₹3.80 per share by February 10, 2026 to avoid 10% per annum interest charges on late payment and potential forfeiture of their shares. The suspension of trading in the partly paid-up ISIN means these shares cannot be sold until the call is paid and the shares are converted to fully paid-up status.