MITCON Consultancy & Engineering Services Limited has informed the Exchange regarding 'INTIMATION OF COMPLETION OF DISPATCH OF FIRST AND FINAL CALL CUM FORFEITURE NOTICE TO THE HOLDERS OF PARTLY PAID-UP EQUITY SHARES'.
MITCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MITCON has completed dispatch of the First and Final Call Money cum Forfeiture Notice to holders of partly paid-up equity shares issued under its June 2024 rights issue. Shareholders must pay the remaining ₹57 per share (₹7.50 face value + ₹49.50 premium) between July 9 and July 23, 2025. This call applies to 42,41,321 outstanding partly paid-up shares (₹2.50 paid-up out of ₹10 face value). Trading in the partly paid-up shares (ISIN: IN9828O01015) has already been suspended by NSE, NSDL, and CDSL from June 13, 2025. Failure to pay by July 23, 2025 will result in forfeiture of the shares along with the amount already paid. Shareholders who pay will have their shares converted to fully paid-up status under ISIN INE828O01033 within 2-3 weeks after the payment deadline.
Holders of MITCON partly paid-up shares must pay ₹57 per share by July 23, 2025 or risk forfeiting their entire holding, including money already paid. Those who pay will see their shares converted to fully paid-up equity and resume trading under the regular ISIN within a few weeks.