Pursuant to Regulation 42 of SEBI(LODR) Regulations, 2015 the record date is fixed on Friday July 11, 2025 for the purpose of ascertaining holders of partly paid equity shares to whom first ....
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Garment Mantra Lifestyle Ltd has fixed Friday, July 11, 2025 as the record date under SEBI LODR Regulation 42 to identify shareholders holding partly paid equity shares who are eligible for the first call money notice. The announcement indicates the company is calling in the unpaid portion of its partly paid shares. Full details of the call amount and timeline were truncated in the headline. Shareholders whose names appear on the record date will be required to pay the first installment on their partly paid shares.
Partly paid shareholders must arrange funds by the due date to avoid forfeiture risk. This is a liability event for existing holders rather than a value-creating corporate action, and may create short-term selling pressure if some investors choose to exit rather than pay the call money.