Key Quantitative Figures

  • Call Amount per Share: ₹3.80 per partly paid-up equity share (comprising ₹2.50 towards paid-up value and ₹1.30 towards premium)
  • Interest Rate: 10% per annum levied on delayed payments
  • First Call Original Due Date: February 11, 2026
  • Second Call Original Due Date: April 22, 2026
  • Final Payment Deadline: Tuesday, June 30, 2026

Dates of Action

  • Rights Issue Committee Approval Date: June 19, 2026 (for sending this reminder notice)
  • Reminder Payment Period: Monday, June 22, 2026 to Tuesday, June 30, 2026
  • Trading Suspension Date: Friday, May 29, 2026 (for ISIN IN9638N01036)
  • Previous Notice Dates: First Call Money Notice (January 09, 2026), First Reminder Notice (March 04, 2026), Second Call Notice (March 21, 2026), Reminder for First and Second Call Money (May 04, 2026)

Parties Involved

  • Registrar and Transfer Agent (RTA): Bigshare Services Private Limited (SEBI Registration No: INR000001385)
  • Contact Person at RTA: Mr. Prabhakar
  • Stock Exchange: BSE Limited
  • Designated Bank Accounts: Separate accounts for Resident (R A/C) and Non-Resident (NR A/C) shareholders for First and Second Call Money payments

Payment Instructions and Requirements

  • Payment Methods: Cheque or Demand Draft only (no cash payments accepted)
  • Payment Must Be Drawn On: Banks that are members/sub-members of the Bankers' Clearing House located at the center where the notice is presented
  • Prohibited Payments: Outstation cheques, bank drafts, money orders, postal orders, postdated cheques, or payments from merged Public Sector Banks (invalid since April 1, 2021)
  • Third-Party Payments: Not accepted and liable to be rejected
  • Part Payments: Not accepted; treated as non-payment leading to potential forfeiture
  • Documentation Required: Completed payment slip with shareholder details, DP ID-Client ID, folio number, and number of shares
  • PAN Requirement: Must be provided and linked with Aadhaar as per CBDT notification

Financial and Operational Impact

  • Forfeiture Consequence: Failure to pay outstanding Call Money and interest by June 30, 2026 will render the Rights Equity Shares liable to forfeiture, including any amount already paid on them
  • Trading Status: Trading in ISIN IN9638N01036 (representing partly paid-up equity shares of face value ₹10 each, ₹7.50 paid-up) has been suspended since May 29, 2026
  • Conversion Process: Upon completion of corporate action for both First and Second Call, partly paid-up Equity Shares shall be converted into ₹7.50 partly paid-up Equity Shares

Additional Information

  • The reminder notice is being sent electronically to shareholders with registered email addresses, and physically to those without registered emails or who requested hard copies
  • Shareholders who have already paid the Call Money on the original due dates should ignore this reminder
  • Excess/duplicate payments will be refunded to the same bank account from where payment was made
  • FAQs and detailed instructions are available on the company's and RTA's websites