Rights Issue10 April 2026 at 09:22 am
Garment Mantra approves final reminder for Rights Issue call money
AI Summary
Garment Mantra Lifestyle Ltd's Rights Issue Committee, meeting on April 10, 2026, approved the issuance of a Final Reminder Cum Forfeiture Notice. This notice targets holders of partly paid-up equity shares who have not yet paid the First Call (due June 23, 2025, and July 29, 2025) or the Second and Final Call (due October 18, 2025), or both. The notice informs these shareholders that failure to pay the outstanding call money, along with accrued interest, by the specified deadline will result in the forfeiture of their partly paid-up equity shares, including any amounts already paid. The company has made these documents available on its website and its Registrar and Transfer Agent's website.
Key Highlights
- Rights Issue Committee approved a final forfeiture notice.
- Notice targets shareholders who haven't paid call money.
- Failure to pay will result in forfeiture of partly paid shares.
- Includes forfeiture of amounts already paid on these shares.