Raaj Medisafe India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2025 ,inter alia, to consider and approve Please be informed that ....
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Raaj Medisafe India Ltd has informed BSE that its Board of Directors will meet on July 21, 2025 at 3:00 PM at the registered office in Ujjain. The main item on the agenda is to consider and approve the forfeiture of 63,300 equity shares of Rs. 10 each. This forfeiture is due to non-payment of calls in arrears of Rs. 5.00 per share by certain shareholders. The company has a scrip code of 524502 on BSE. No other items like dividends, results, or fundraising are mentioned in this notice.
This is a routine housekeeping action where the company is cancelling shares held by investors who failed to pay the balance call money. The impact on existing shareholders is minimal — it slightly reduces the total share count and paid-up capital. The forfeited shares may later be reissued or cancelled, which could marginally affect share metrics but is unlikely to move the stock price significantly.