Eco Hotels And Resorts Issues Final Reminder-cum-Forfeiture Notice for Partly Paid-up Equity Shares
Eco Hotels And Resorts Ltd has dispatched a Final Reminder-cum-Forfeiture Notice regarding the outstanding First, Second, Third, and Final Call Money pertaining to its partly paid-up equity shares. The company completed the electronic dispatch of this notice on July 25, 2026.The Final Reminder-cum-Forfeiture Notice follows a series of prior communications related to the Rights Issue of the company. This action was taken after the Rights Issue Committee approved the issuance of the final notice at its meeting held on July 23, 2026.
The notice concerns shareholders who have not paid the required call money for their partly paid-up equity shares. The stock trading in ISIN 'IN9638N01036', which represents these partly paid-up equity shares of face value Rs 10/- (with Rs 7.50/- paid up), has been suspended by the Stock Exchange since May 29, 2026, due to the Third and Final Call.
Key Details of the Notice and Payments
The notice outlines the details for payment of the outstanding calls along with applicable interest on delayed payments. The company requires shareholders to settle the amounts as per the provided timelines and instructions.Details regarding the call money payable are summarized below:
| Call Type | Amount Per Share | Interest Rate (p.a.) | Computation Period |
|---|---|---|---|
| First Call | Rs 3.80 | 10.00% | From February 11, 2026 till July 23, 2026 |
| Second Call | Rs 3.80 | 10.00% | From April 22, 2026 till July 23, 2026 |
| Third and Final Call | Rs 3.80 | 10.00% | From July 01, 2026 till July 23, 2026 |
Payment Timeline and Consequences
The notice specifies the payment period for the outstanding amounts:- Start Date: Saturday, July 25, 2026
- Last Date for Payment: Monday, August 10, 2026
Failure to pay the Call Money along with interest as directed in the Final Reminder-cum-Forfeiture Notice makes the Rights Equity Shares, including the amount already paid thereon, liable to be forfeited as per the relevant Articles of Association and the Letter of Offer.
The company has confirmed that the detailed instructions and payment slip for the shareholders are available on the company’s website or the Registrar’s website. Shareholders who have not received the notice can request a duplicate copy.
Stock Price Movement
Eco Hotels And Resorts Ltd settled at ₹12.10 on Friday, slipping 1.22% in the stock market. Shares moved during the session within an intraday range, testing a high of ₹12.25 and dipping to a low of ₹11.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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