Corporate Action6 Nov 2026, 07:32 pm
Spandana Sphoorty: Reminder-cum-Forfeiture Notice for Partly Paid Shares
AI Summary
Spandana Sphoorty Financial Ltd has dispatched a Reminder-cum-Forfeiture Notice to holders of partly paid-up equity shares regarding the first and final call money of ₹115.00 per share (₹5 face value, ₹110 premium). The payment period for this call is from November 13, 2026, to November 27, 2026. Approximately 4,29,107 partly paid-up shares remain outstanding. Failure to pay by the deadline may result in forfeiture of shares, application of future dividends, and continued interest charges. Trading in these partly paid shares has been suspended since August 18, 2026.
Key Highlights
- Reminder-cum-Forfeiture Notice issued for first and final call on partly paid shares.
- Payment due between November 13-27, 2026, for ₹115 per share.
- Over 4.29 lakh partly paid shares remain unpaid.
- Failure to pay may lead to forfeiture of shares.
- Trading in partly paid shares remains suspended.
Price Impact
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