Date: October 9, 2026 (extended payment deadline)

Board Meeting Outcomes

The Board of Directors at its meeting held on September 23, 2026 approved extension of the last date for payment of the First and Final Call to Friday, October 9, 2026.

The Rights Issue Committee at its meeting held on January 31, 2026 had originally approved the First and Final Call of ₹7.50 per partly paid-up equity share.

Fundraising / Financing

The company had issued partly paid-up equity shares on a rights basis pursuant to the Letter of Offer dated January 07, 2025.

Issue Price: ₹10.00 per equity share (₹10.00 towards face value)

Rights Ratio: 3 Rights Equity Shares for every 1 fully paid-up equity share held

Record Date: January 15, 2025

Application money received: ₹2.50 per partly paid-up equity share

Allotment date: February 13, 2025

Balance amount payable: ₹7.50 per partly paid-up equity share

First and Final Call amount: ₹7.50 per share

Original payment deadline: March 02, 2026

First reminder notice sent: April 17, 2026 (open till May 30, 2026)

Extended payment deadline: October 9, 2026

Consequences of Non-Payment

If the First and Final Call remains unpaid on or before Friday, October 9, 2026, the partly paid-up equity shares including the amount already paid thereon shall be liable to forfeiture in accordance with:

  • The Companies Act, 2013
  • The Articles of Association of the Company
  • SEBI (ICDR) Regulations, 2018
  • The Letter of Offer

Forfeiture shall be effected after issuance of due notice as prescribed under the Articles of Association.

Trading Status

Trading of partly paid-up equity shares (ISIN: IN9526B01012) remains suspended on the Stock Exchanges on account of the First and Final Call.

Payment Instructions

Payment amount: ₹7.50 per partly paid-up equity share

Payment methods: Cheque/Demand Draft or online bank transfer

Account details: CALIFORNIA SOFTWARE COMPANY LIMITED - RIGHTS ISSUE ALLOTMENT ACCOUNT

Account No.: 924020072962823

Branch: Madipakkam

IFSC Code: UTIB0000083

Cash payments and third-party payments are not accepted.

Payment slip (Annexure 2) must accompany all payments.