Update on First call for partly paid up equity shares issued by the company under Rights basis
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Garment Mantra Lifestyle Ltd has collected ₹11.20 crore as first call money on partly paid-up equity shares issued under a rights basis. The first call period ran from August 4, 2025 to August 18, 2025, during which the company received ₹0.30 per share (₹0.25 towards paid-up value and ₹0.05 towards premium) on 37,34,26,591 partly paid-up shares. This is in addition to the ₹0.30 per share already collected at the time of application on 39,14,97,795 partly paid-up shares. The total issue price is ₹1.20 per share. Following this receipt, the paid-up value per share has risen from ₹0.25 to ₹0.50.
The successful collection of first call money indicates reasonable shareholder participation in the rights issue, strengthening the company's capital base. Shareholders now hold shares with higher paid-up value, and further calls may follow until the full ₹1.20 per share is paid.