Eco Hotels And Resorts Ltd Schedules Committee Meeting to Address Unpaid Calls and Forfeiture Process

Eco Hotels And Resorts Ltd Schedules Committee Meeting to Address Unpaid Calls and Forfeiture Process​

Eco Hotels And Resorts Limited has scheduled a meeting of its committee to address outstanding payments from shareholders who have failed to clear unpaid calls on their shares. The meeting is set for Thursday, July 23, 2026.

The primary purpose of the committee meeting is to consider and approve the issuance of a Final Reminder-cumForfeiture Notice. This notice targets shareholders who have defaulted on payment towards unpaid calls, along with the applicable interest charges.

During this meeting, the company's committee will examine the current status of the unpaid call money. The committee will also deliberate on providing one last opportunity to these concerned shareholders to remit the outstanding call amounts and associated interest within the specified period. If payment is not received by the stipulated time, necessary action for the forfeiture of shares will be initiated in accordance with the company's Articles of Association and applicable laws.

Stock Price Movement​

Eco Hotels And Resorts Ltd closed out today, settling at ₹12.36, after the shares dipped 1.44% on Monday. The stock experienced intraday movement, trading between a high of ₹12.50 and a low of ₹12.25.