Alan Scott Enterprises Sets Record Date for Final Call on Partly Paid Shares

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AuthorVihaan Mehta|Published at:
Alan Scott Enterprises Sets Record Date for Final Call on Partly Paid Shares

Alan Scott Enterprises has announced the first and final call for 952,931 partly paid-up equity shares. Shareholders must pay the balance amount of ₹35 per share between October 22, 2026, and November 5, 2026. The record date for eligibility is set for October 9, 2026. This routine corporate action serves to convert outstanding partly paid-up shares into fully paid-up status, completing the capital collection process for these specific securities.

Alan Scott Enterprises Initiates First and Final Call on Partly Paid Shares

Call Amount: ₹35 per share | Record Date: October 9, 2026

Reader Takeaway: Routine capital collection to fully pay up shares; monitor email for payment instructions and deadline compliance.

What just happened

The Rights Issue Committee of Alan Scott Enterprises Ltd has officially approved the first and final call for 952,931 outstanding partly paid-up equity shares. This corporate action requires shareholders to settle the remaining balance of ₹35 per share, which comprises ₹2.50 in face value and ₹32.50 in securities premium, to achieve fully paid-up status.

Why this matters

For retail investors, this is the final obligation regarding these specific partly paid-up shares. The process effectively cleans up the company's capital structure by formalizing these shares. Shareholders appearing in the register as of the record date, October 9, 2026, are eligible and required to complete the payment within the designated window.

What changes now

The company will initiate the process by dispatching official notices to shareholders via registered email addresses. Those without registered email IDs will receive physical documentation through their depository participants or the company's registrar. The payment window is strictly limited to 15 days, starting October 22, 2026, and concluding November 5, 2026.

Risks to watch

Failure to clear the outstanding call money within the specified timeframe may result in consequences as outlined in the company’s original terms of issue and applicable legal provisions. Investors should ensure their contact details are updated with their respective brokers or the registrar to receive the call notice timely.

What to track next

Keep an eye on your registered email inbox or postal mail for the official call notice, which will contain the necessary ASBA forms and payment slips. For ongoing updates or if the notice is not received, the company's official website will host the relevant documentation.

Disclaimer: This article is published for informational purposes only. This is not a buy sell recommendation.