Notice for payment of first and final call on partly paid-up equity shares of right issue
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Yarn Syndicate Limited has issued a notice to shareholders for payment of the First and Final Call Money of ₹13.50 per partly paid-up equity share (₹5 face value + ₹8.50 premium), the balance amount from a rights issue originally conducted in January 2024 at ₹27 per share in a 24:5 ratio. The record date for identifying eligible shareholders was fixed as Friday, May 15, 2026. Shareholders must pay the call money between June 8 and June 22, 2026 through ASBA (online or physical) or 3-in-1 trading accounts. Trading in the partly paid-up shares (ISIN: IN9564C01011) has been suspended on BSE from May 15, 2026. Failure to pay may result in forfeiture of shares and adjustment from any future dividends.
Shareholders holding partly paid-up shares from the 2024 rights issue must pay ₹13.50 per share by June 22, 2026 to avoid forfeiture of their shares and adjustment from future dividends. Failure to pay will lead to permanent loss of the partly paid-up shares along with the amount already paid.