Spectrum Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2025 ,inter alia, to consider and approve 1. Forfeiture of partly paid-up ....
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Spectrum Foods Ltd has informed BSE that its Board of Directors will meet on Friday, September 5, 2025. The main item on the agenda is to consider and approve the forfeiture of partly paid-up equity shares on which the call money remains unpaid within the prescribed period. The forfeiture will be carried out in accordance with the terms of issue and applicable legal provisions. The intimation is filed under SEBI LODR Regulation 29(1). Managing Director Girdhar Saboo has signed the letter dated September 1, 2025.
This is a routine corporate housekeeping action. Forfeiture of partly paid shares could reduce the company's outstanding share count slightly, but it has no material impact on existing fully paid shareholders or the stock price.