Announced Sat, 14 Mar · 12:12 IST

Updates on Second Call Money for partly paid-up Right Equity Shares

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Price reaction · full curve 14 horizons · vs prior close
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₹11.35
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AI summary

Eco Hotels and Resorts' Rights Issue Committee has approved a second call of Rs. 3.80 per share on 1,28,76,808 partly paid-up rights equity shares allotted in September 2025. Of this, Rs. 2.50 goes towards face value and Rs. 1.30 towards securities premium, totaling approximately Rs. 4.89 crore. The record date has been fixed as March 19, 2026 to identify eligible shareholders. The payment window runs from April 7, 2026 to April 21, 2026, with online ASBA being the accepted mode of payment through Kotak Mahindra Bank. The original rights shares had Rs. 5 paid-up against a Rs. 10 face value, and this second call moves them closer to being fully paid.

Likely market impact

Shareholders holding these partly paid-up rights shares must pay Rs. 3.80 per share by April 21, 2026 or risk forfeiture. The stock may see some short-term pressure as the record date approaches and investors decide whether to pay up or let shares lapse.