Eco Hotels And Resorts Ltd Approves Final Reminder Cum Forfeiture Notice for Rights Issue Call Money

Eco Hotels And Resorts Ltd Approves Final Reminder Cum Forfeiture Notice for Rights Issue Call Money
<h1>Eco Hotels And Resorts Ltd Approves Final Reminder Cum Forfeiture Notice for Rights Issue Call Money</h1>

The Rights Issue Committee of Eco Hotels And Resorts Limited approved the issuance of a Final Reminder Cum Forfeiture Notice on July 23, 2026. The notice is addressed to shareholders holding partly paid-up equity shares who have not yet settled their call money obligations under the ongoing Rights Issue.

The committee determined that this final communication must be sent to those holders who failed to pay the required amount related to the First Call, Second Call, Third and Final Call, or any combination thereof. The purpose of the notice is to inform these shareholders about the potential forfeiture of their shares if payment is not received.

According to the approved action plan, in the event that call money along with interest thereon is not paid by Monday, August 10, 2026, the partly paid-up equity shares held by such shareholders will be liable to be forfeited, including the amount already paid on those shares.

All concerned shareholders are requested to make payment of the applicable Call Money and/or interest on or before the stipulated deadline. The company noted that any shareholder who had previously paid the call money on the original due date should disregard this reminder notice.

A specimen copy of the Final Reminder cum Forfeiture Notice, along with associated instructions and the Payment Slip, will be made available to all holders of partly paid-up equity shares. A copy of the notice is also accessible on the company website at www.ecohotels.in.

Stock Price Movement​

Eco Hotels And Resorts Ltd settled on Thursday, as shares slipped 2.00% to trade at ₹12.25. The equity saw movement within an intraday range defined by a high of ₹12.50 and a low of ₹12.00.
 

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