Eco Hotels and Resorts Ltd Final Call Notice

Eco Hotels and Resorts Ltd is calling for the final payment of ₹3.80 per partly paid-up equity share. The payment window is from June 15, 2026, to June 29, 2026.

Reader Takeaway: Shareholders must pay ₹3.80 by June 29, 2026, or risk losing their investment.

What just happened

Eco Hotels and Resorts Ltd has issued its third and final call for money on 12,876,808 partly paid-up equity shares. Each shareholder needs to pay ₹3.80 per share, which includes ₹2.50 as paid-up value and ₹1.30 as premium.

Why this matters

This is the last chance for holders of these partly paid-up shares to make their payment. Failing to pay by the June 29, 2026, deadline can lead to significant consequences, including interest penalties and forfeiture of the shares and any amount already paid.

The backstory

This call is part of the company's capital raising process, likely from a previous rights issue. The shares were issued as 'partly paid-up', meaning the full value was not paid at allotment. This final call aims to collect the remaining amount to convert them into fully paid-up shares.

What changes now

Shareholders who pay within the specified window will have their partly paid-up shares converted into fully paid-up equity shares. Those who do not pay will face penalties and potential forfeiture. Trading of these specific partly paid-up shares has been suspended from May 29, 2026.

Risks to watch

The primary risk is non-payment by the deadline. Consequences include a 10% annual interest penalty on the outstanding amount, deduction from future dividends, and ultimately, forfeiture of the shares, leading to a complete loss of the amount paid for them.

Peer comparison

Companies often issue rights issues with partly paid-up shares. Such calls are standard practice to raise capital. However, the risk of forfeiture is a common deterrent for investors who fail to meet the payment obligations, impacting their capital.

Context metrics (time-bound)

• Call Amount: ₹3.80 per share (₹2.50 paid-up + ₹1.30 premium)
• Payment Period: June 15, 2026, to June 29, 2026
• Record Date: May 29, 2026
• Total Shares Called: 12,876,808
• Interest Penalty: 10% per annum on delayed payments

What to track next

Investors should monitor the company's announcements regarding the conversion of these shares into fully paid-up ones after the payment deadline. Any further corporate actions or financial updates from Eco Hotels and Resorts Ltd should also be tracked.