StockWatch
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Trading & Distributors
Rights Issue4 Jun 2026, 05:11 pm

Yarn Syndicate Ltd: Final Call Notice for Rights Issue Shares

AI Summary

Yarn Syndicate Ltd has issued a first and final call notice for partly paid-up equity shares from its rights issue. The record date for determining eligible shareholders is May 15, 2026. Shareholders must pay the remaining ₹13.50 per share (₹5 face value, ₹8.50 premium) by June 22, 2026. Failure to pay may result in forfeiture of shares and deduction from future dividends. Trading of these partly paid-up shares will be suspended from May 15, 2026.

Key Highlights

  • Final call notice issued for rights issue partly paid-up shares.
  • Record date set for May 15, 2026; payment due by June 22, 2026.
  • ₹13.50 per share (₹5 face value, ₹8.50 premium) is the final call amount.
  • Trading suspension for partly paid shares begins May 15, 2026.
  • Non-payment may lead to share forfeiture and dividend deduction.