First & Final Call on partly paid shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kati Patang Lifestyle Ltd has issued a notice for the First and Final Call money on its partly paid-up shares. This means shareholders who hold partly paid shares from an earlier issue (likely a rights or preferential allotment) are now being asked to pay the remaining unpaid amount on those shares. The full details such as the call price per share, record date, and payment deadline were not available in the source document fetched, as the BSE page returned an error. Shareholders named in the company's records should watch for further communication with payment instructions and the last date to remit the call money.
Holders of the partly paid shares will need to pay the balance amount by the due date, or risk forfeiture of their shares. The stock itself may see some price adjustment as partly paid shares move closer to becoming fully paid. Short-term price impact is usually limited since this affects only existing partly paid shareholders, not regular market buyers.