This notice pertains to the payment of Second and Final call Money of Rs 4.25/-per partly paid up equity share (Comprising Rs 0.50/- towrds face value and Rs .3.75/- towards securites preminum ....
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La Tim Metal & Industries has issued a second reminder notice to 18,40,824 partly paid-up equity shareholders asking them to pay the second and final call money of Rs 4.25 per share (Rs 0.50 face value + Rs 3.75 securities premium). The payment window runs from 22nd May 2025 to 7th June 2025, after which shares may be forfeited. The notice was dispatched both electronically and physically on 20th May 2025. This is part of the company's earlier rights issue where shares were issued on a partly paid-up basis.
Shareholders who fail to pay the call money by 7th June 2025 risk forfeiture of their partly paid-up equity shares, which would result in loss of their investment. The total call money due is approximately Rs 7.82 crore (Rs 4.25 × 18,40,824 shares). Existing shareholders should act promptly to avoid losing their holdings.