Right Issue - Intimation of dispatch of Second Call Money Notice to the Shareholders of Eco Hotels and Resorts Limited
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Eco Hotels and Resorts has completed dispatch of the Second Call Money Notice (electronically on March 21, 2026 and physically on March 23, 2026) to shareholders holding partly paid-up equity shares from its August 2025 Rights Issue. Under the issue, 1.28 crore partly paid-up shares were allotted at ₹15.20 each, with shareholders having already paid ₹3.80 on application and ₹3.80 on the first call. The second call now requires another ₹3.80 per share (₹2.50 towards face value and ₹1.30 towards premium), payable between April 7 and April 21, 2026. Trading in the partly paid-up shares (ISIN: IN9638N01028) has been suspended on BSE from March 18, 2026. The record date for identifying eligible shareholders was March 19, 2026.
Eligible shareholders must pay ₹3.80 per partly paid-up share by April 21, 2026 to avoid 10% annual interest charges and potential forfeiture of their shares. For the stock, this represents a routine capital collection milestone of the rights issue and does not indicate any new dilution beyond what was already announced.