Eco Hotels and Resorts has issued a final reminder notice to shareholders with outstanding call money on partly paid-up shares. Failure to pay by August 10, 2026, risks forfeiture of shares and loss of invested capital.
Detailed Coverage
Eco Hotels Issues Final Call Money Notice, Warns of Share Forfeiture
Eco Hotels and Resorts Ltd has issued a Final Reminder-Cum-Forfeiture Notice to shareholders regarding outstanding call money on partly paid-up equity shares. The deadline for payment is August 10, 2026.
Reader Takeaway: Shareholders with outstanding dues must pay by August 10 to avoid forfeiture; the company concludes its rights issue collection.
What just happened
The Rights Issue Committee of Eco Hotels and Resorts Limited approved a Final Reminder-Cum-Forfeiture Notice. This is the last call for shareholders to pay outstanding amounts for their partly paid-up rights issue shares.
Why this matters
This notice signifies the company's final attempt to collect call money. For shareholders holding partly paid-up shares, it represents a critical deadline. Non-compliance by August 10, 2026, will result in the forfeiture of their shares, meaning they will lose both the shares and any money already paid for them.
The backstory
The company had previously issued First, Second, and Third call money notices throughout 2026. This filing indicates that all previous reminders have not led to full payment, necessitating this final action.
What changes now
Shareholders with outstanding dues must now prioritize payment by the August 10, 2026 deadline. The company is moving towards the final stage of the rights issue collection process.
Risks to watch
The primary risk is the potential forfeiture of partly paid-up shares for non-payment. This would result in a complete loss of the investment made in those specific shares.
Context metrics (time-bound)
- Action: Final Reminder-Cum-Forfeiture Notice
- Deadline: August 10, 2026
- Scope: Outstanding Call Money (First, Second, Third, Final)
What to track next
Investors should monitor the company's compliance filings to see if all shareholders meet the deadline. The company's subsequent actions regarding any forfeited shares will also be important.
