Rights Issue: Forfeiture reminder for unpaid call money
PRABHA · price
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Rights Issue Committee approved sending Reminder cum Forfeiture Notices to holders of partly paid-up shares who have not paid First Call and/or Second and Final Call money. Each call is Rs 47.52 per share (33 percent of Rs 144 issue price). Payment window is Sep 24 to Oct 8, 2026 via ICICI Bank branches or RTA. Failure to pay may lead to forfeiture of shares and deduction from any future dividends.
Shareholders who applied for rights shares must pay outstanding call money by Oct 8, 2026 or risk forfeiture of their partly paid-up shares and amounts already paid.