Clarification21 Oct 2026, 07:30 pm
Eco Hotels Corrects Share Forfeiture Notice Details
AI Summary
Eco Hotels And Resorts Ltd has issued a revised intimation regarding the dispatch of forfeiture notices to shareholders for non-payment of Call Money. The company corrected an earlier disclosure, clarifying that 16,31,580 partly paid-up Right Issue Equity Shares were approved for forfeiture by the Board of Directors on October 13, 2026, due to non-payment of Call Money. Forfeiture notices have been dispatched to the concerned shareholders. This correction pertains to a technical error in the number of shares previously stated.
Key Highlights
- Company corrects previous disclosure on share forfeiture.
- 16,31,580 shares forfeited for non-payment of Call Money.
- Forfeiture approved by the Board of Directors.
- Notices dispatched to affected shareholders.
Price Impact
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