Announced Tue, 16 Jun · 19:07 IST
BSE approves forfeiture of 45,442 partly paid-up equity shares
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+10.8%1-day move
₹15.32
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.8+7.7+4.4+5.7+5.7+0.4+8.0+1.8——
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AI summary
Mantra Capital received BSE approval to forfeit 45,442 partly paid-up equity shares (face value Rs. 10, paid-up Rs. 8) that were issued under a rights issue. Shareholders had failed to pay the remaining call money. These shares will be cancelled, marginally reducing the company's paid-up share count. This is a routine corporate housekeeping action with no material financial impact.
Likely market impact
Minor housekeeping action; no material effect on shareholders or stock price.