Yarn Syndicate: Final Reminder Before Share Forfeiture

Yarn Syndicate Ltd has issued a last and final reminder-cum-forfeiture notice to holders of partly paid-up equity shares who have not paid the First and Final Call Money of ₹13.50 per share. This call money, comprising ₹5.00 towards face value and ₹8.50 towards premium, was due as per the Letter of Offer dated January 25, 2024. The company had previously issued a call notice on June 4, 2026. The Board of Directors, in a meeting on October 27, 2026, approved this final notice, giving shareholders a last opportunity to pay by November 16, 2026. Failure to pay will result in the forfeiture of these partly paid-up shares in accordance with company law and its articles of association.