Announced Wed, 17 Jun · 16:33 IST
Forfeiture of 1.41 crore partly paid Rights Equity Shares
Corporate Actions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹1.17
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Garment Mantra Lifestyle has forfeited 1,40,55,863 partly paid-up Rights Equity Shares on which shareholders failed to pay the call money by the deadline. Out of 39,14,97,795 rights shares issued in 2025, call money was received on 37,74,41,932 shares, converting them to fully paid-up. The Rights Issue Committee on June 17, 2026 approved forfeiting the remaining shares along with amounts already paid on them.
Likely market impact
Minor negative; about 3.6% of rights shares forfeited for non-payment. May marginally boost promoter and paying shareholders stake percentage.