BSERLF LtdMediumNeutral
Announced Thu, 26 Jun · 18:54 IST

Please find enclosed herewith completion of Dispatch of Second call Money Notice to the Partly Paid-up Equity Shareholders.

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RLF Ltd has completed dispatching notices to shareholders who failed to pay the first call money of Rs. 5 per share on their partly paid-up equity shares. The Board had earlier approved sending these notices with 12% per annum interest, setting 14th July 2025 as the final payment deadline. Shareholders who do not pay by this date will have their shares forfeited, including any amount already paid. Upon payment, the partly paid-up shares will be converted into fully paid-up equity shares, with the corporate action expected to complete within three to four weeks for demat holders.

Likely market impact

Shareholders who ignore this notice risk losing their entire shareholding through forfeiture. For the company, this could result in share capital reduction if many shareholders fail to pay, or strengthen equity base if they pay up.