StockWatch
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Residential- Commercial Projects
Corporate Action13 Aug 2026, 05:13 pm

Hazoor Multi Projects Forfeits 14,459 Partly Paid Shares

AI Summary

Hazoor Multi Projects Ltd has announced the forfeiture of 14,459 partly paid-up equity shares due to non-payment of the final call money. These shares were part of a Rights Issue allotted on March 13, 2023. Despite multiple notices and reminders, the outstanding call money was not received. The Board of Directors approved the forfeiture on August 13, 2026. The list of affected shareholders is available on the company's website. This action follows the company's earlier approval for sub-division of equity shares.

Key Highlights

  • 14,459 partly paid-up equity shares forfeited.
  • Non-payment of final call money cited as reason.
  • Forfeiture approved by the Board on August 13, 2026.
  • Affected shareholders list available on company website.