The Right Issue Committee of the Comapny of the COmpany held today on 20th May , 2025 on tuesday at the registered office of company made the right issue committee has approved the issuance ....
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The Right Issue Committee of La Tim Metal & Industries Ltd, at its meeting on 20th May 2025, approved the issuance of a Second Reminder-cum-Forfeiture Notice to holders of partly paid-up equity shares. The notice calls for the Second and Final Call Money of Rs 4.25 per share, comprising Rs 0.50 towards face value and Rs 3.75 towards securities premium. The payment window runs from 22nd May 2025 to 7th June 2025 (both days inclusive), and the notice covers 18,40,824 partly paid-up equity shares. Shareholders who fail to pay within this period face forfeiture of their shares. The company has already dispatched the notice via email and physical mode to all eligible shareholders.
Existing holders of partly paid-up equity shares from the earlier rights issue must pay Rs 4.25 per share by 7th June 2025 to avoid forfeiture of their shares. Investors holding these partly paid-up shares should act promptly, as failure to pay the final call will result in permanent loss of their holdings.