Right Issue - Intimation of dispatch of Third & Final Call Money Notice to the Shareholders of Eco Hotels and Resorts Limited
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Eco Hotels and Resorts has dispatched the Third & Final Call Money Notice to shareholders holding partly paid-up equity shares from its earlier Rights Issue. Shareholders are required to pay Rs. 3.80 per rights share (Rs. 2.50 toward face value plus Rs. 1.30 toward premium) between June 15, 2026 and June 29, 2026. The call applies to all 1,28,76,808 partly paid rights shares issued at Rs. 15.20 each in the ratio of 1 for every 4 fully paid shares held, as per the Letter of Offer dated August 29, 2025. Trading in the partly paid-up shares (ISIN: IN9638N01036) has been suspended on BSE from May 29, 2026, with the record date fixed at May 29, 2026. Shareholders who pay the call on time can expect their fully paid-up shares to be credited and trading to resume within about three weeks after June 29, 2026. Non-payment will attract 10% annual interest and may result in forfeiture of the partly paid shares along with the amount already paid.
Eligible shareholders must remit the final call money by June 29, 2026 to convert their rights shares into fully paid-up shares and resume trading. Delay or non-payment will trigger 10% annual interest charges and risk of forfeiture of both the shares and amounts already paid, leaving shareholders with no equity holding from this rights issue.