We hereby inform the Exchange of the Notice for the payment for First and Final call on Partly Paid-up Equity shares issued on Rights Basis pursuant to Letter of Offer dated May 22, 2025. Detailed Letter is enclosed.
SEPC · price
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SEPC Limited has informed the exchange about the payment notice for the First and Final call on its partly paid-up equity shares. These shares were originally allotted to shareholders under a rights issue based on the Letter of Offer dated May 22, 2025. Shareholders who hold these partly paid-up shares are now required to pay the remaining balance (call money) as per the terms of the rights issue. The detailed letter with payment instructions and timelines has been enclosed with the filing. This is a routine follow-up action to collect the balance amount on the rights shares that were issued earlier in a partly paid form.
Shareholders who were allotted rights shares must pay the balance call money by the due date, or risk forfeiture of their shares. This is a cash outflow obligation for those shareholders and does not directly impact the stock price, though failure to pay could lead to share forfeiture.