Eco Hotels has issued a final reminder for shareholders to pay outstanding rights issue call money by August 10, 2026. Failure risks forfeiture of shares and past investments.
Detailed Coverage
Eco Hotels & Resorts Ltd. Final Call for Rights Issue
Shareholders have until August 10, 2026, to pay outstanding rights issue call money.
Reader Takeaway: Pay dues by August 10 to avoid forfeiture; trading remains suspended.
What just happened
Eco Hotels and Resorts Ltd. has issued a final reminder notice to shareholders regarding the payment of outstanding call money for its rights issue. The deadline for payment is August 10, 2026.
Why this matters
Failure to meet this deadline will result in the forfeiture of the rights equity shares, including any amounts already paid by the shareholders. This is the final opportunity to avoid losing their investment in these shares.
The backstory
Trading in the partly paid-up equity shares (ISIN 'IN9638N01036') has been suspended since May 29, 2026, due to the ongoing rights issue process and calls for payment.
What changes now
Shareholders who have not yet paid the First, Second, or Third & Final call money must complete their payment by August 10, 2026. Payments made after this date or through incorrect methods will be rejected.
Risks to watch
The primary risk is the forfeiture of shares and any amounts paid if the call money is not settled by the deadline. Investors must also adhere to strict payment guidelines, avoiding third-party accounts or specific bank cheques, to prevent rejection.
Investor Takeaway
Affected shareholders must prioritize this payment to protect their investment. Ensure compliance with all payment instructions and deadlines to avoid forfeiture.
