Alan Scott Enterprises Ltd has issued a first and final call for 9,52,931 partly paid-up shares. Eligible shareholders are required to pay ₹35 per share—comprising a ₹2.50 face value and ₹32.50 premium—between October 22 and November 5, 2026. The record date for eligibility is October 9, 2026. This move marks a significant step toward converting remaining partly paid-up shares into fully paid equity.
Alan Scott Enterprises Initiates First and Final Call
Call Price: ₹35 per share | Record Date: October 9, 2026
Reader Takeaway: Shareholders must pay the final call amount to avoid potential implications for their partly paid-up holdings.
What just happened
The Rights Issue Committee of Alan Scott Enterprises Ltd has officially approved the first and final call on 9,52,931 outstanding partly paid-up equity shares. Shareholders are required to pay ₹35 per share, which includes a face value of ₹2.50 and a securities premium component of ₹32.50.
Why this matters
This corporate action marks the final stage for holders of partly paid-up shares to fulfill their payment obligations. Completing this process is necessary to transition these shares into fully paid-up status. The company has set a 15-day window for payments to be processed.
Important Dates
The company has fixed October 9, 2026, as the record date to identify shareholders eligible to participate. The payment window is scheduled to open on October 22, 2026, and will remain open until November 5, 2026.
Instructions for Shareholders
- Shareholders will receive formal notice via email or physical dispatch containing specific instructions and ASBA forms.
- Detailed payment terms and procedures will be available on the company’s investor relations website.
- Failure to meet the payment requirements by the deadline may lead to implications for the partly paid-up shares, in accordance with the Companies Act, 2013, and the initial Letter of Offer from August 2026.