Announced Wed, 1 Jul · 16:44 IST
Conversion of 14 Lakh Partly Paid Shares to Fully Paid Shares
Corporate Actions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹16.25
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.9-5.1-6.3-7.1-10.8-13.8————
Up moveDown movePending
AI summary
Yarn Syndicate Ltd board approved conversion of 14,02,576 partly paid-up equity shares into fully paid-up shares after receiving the first and final call money of Rs 13.50 per share (Rs 5 face value plus Rs 8.50 premium). The call payment period ran from 8 June to 22 June 2026. Out of 1,80,00,000 partly paid-up shares originally allotted under the rights issue, only about 14 lakhs were converted, indicating very low shareholder participation in paying the final call.
Likely market impact
Only 14 lakh of 1.8 crore partly paid shares converted, showing weak shareholder response. Unpaid shares may be forfeited, limiting dilution.