Yarn Syndicate Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/03/2026 ,inter alia, to consider and approve (i) making of First & Final ....
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Yarn Syndicate Ltd has informed BSE that its Board of Directors will meet on March 9, 2026 to consider making the First & Final call on 1,80,00,000 partly paid-up equity shares. These shares were originally allotted on February 27, 2024, through a Rights Issue based on the Letter of Offer dated January 25, 2024. This means shareholders who subscribed to the 2024 rights issue and hold partly paid-up shares will be required to pay the remaining balance on these shares. The trading window for dealing in the company's securities is closed with immediate effect until 48 hours after the board meeting concludes.
Shareholders holding partly paid-up equity shares from the 2024 rights issue will need to arrange funds to pay the balance call amount. This is not a new capital raise or dividend but a completion of the existing rights issue process, so existing fully paid-up shareholders are unaffected.