Eco Hotels and Resorts seeks call money payment by June 30

1 min read     Updated on 22 Jun 2026, 10:09 PM
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Naman SScanX News Team
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Eco Hotels and Resorts Limited issued a final reminder for unpaid call money and interest on partly paid-up rights issue shares, with a deadline of June 30, 2026. The company levied a 10% annual interest on delayed payments computed from specific dates in February and April 2026. Shareholders must pay via cheque or draft to the Registrar to avoid forfeiture of shares.

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Eco Hotels and Resorts Limited has issued a final reminder to shareholders for the payment of outstanding first and second call money, along with applicable interest, for partly paid-up equity shares issued via a rights issue. The company requires shareholders to settle these dues on or before June 30, 2026, to prevent the forfeiture of their rights equity shares and any amounts already paid thereon.

The Rights Issue Committee of the Board of Directors approved the dispatch of this reminder notice on June 19, 2026. The notice addresses shareholders who have not yet paid the call money or those who paid after the original due dates. In both scenarios, the company has levied interest at 10% per annum in accordance with the Articles of Association and the Letter of Offer dated August 29, 2025.

The first call money is set at ₹ 3.80 per partly paid-up equity share, comprising ₹ 2.50 towards paid-up value and ₹ 1.30 towards premium. Interest on the first call is computed from February 11, 2026, until the date of payment. Similarly, the second and final call money is ₹ 3.80 per share, with interest calculated from April 22, 2026. The total amount payable includes the call amount and the accrued interest.

Call Type Amount per Share (₹) Interest Calculation Period Interest Rate
First Call 3.80 Feb 11, 2026 to payment date 10% p.a.
Second Call 3.80 Apr 22, 2026 to payment date 10% p.a.

Shareholders can make payments via cheque or demand draft, which must be delivered to the Registrar and Transfer Agent, Bigshare Services Private Limited, by the deadline. The company has specified separate bank accounts for resident and non-resident shareholders for both the first and second call money payments. Cash payments will not be accepted, and part payments are liable to be treated as non-payment.

Trading in the ISIN IN9638N01036, representing the partly paid-up equity shares, has been suspended by the stock exchange from May 29, 2026, due to the Third and Final Call. The company stated that failure to pay the outstanding call money and interest will render the shares liable to be forfeited. Detailed instructions and payment slips are available on the company’s website.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+2.78%+12.13%+2.57%+15.10%-13.05%+97.99%

What is the expected capital inflow for Eco Hotels and Resorts if all outstanding call money is collected by the deadline?

How will the potential forfeiture of shares impact the company's equity base and existing shareholding structure?

What are the strategic plans for the capital raised through this rights issue once the call payments are fully realized?

Eco Hotels revises rights issue call payment dates to June 30

1 min read     Updated on 15 Jun 2026, 01:35 PM
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Eco Hotels and Resorts Ltd revised the payment period for the Third and Final Call of its Rights Issue, moving the opening date to June 16, 2026, and the closing date to June 30, 2026. The Rights Issue Committee approved the changes on June 15, 2026, citing technical reasons for the adjustment. All other terms of the original notice dated May 30, 2026, remain unchanged.

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Eco Hotels and Resorts Ltd has revised the payment period for the Third and Final Call of its Rights Issue due to technical reasons. The Rights Issue Committee approved the changes on June 15, 2026, extending the window for eligible shareholders to make the necessary payments. The revision impacts the opening and closing dates of the call money period, ensuring shareholders have adequate time to respond.

The Committee approved a Corrigendum to the Notice of Third and Final Call on partly paid-up equity shares, which was originally dated May 30, 2026. The adjustments were made to address technical issues encountered during the process. The company stated that all other terms and conditions outlined in the original Third and Final Call Notice and Advertisement published on June 03, 2026, remain unchanged.

Revised Schedule for Third and Final Call

The following table details the changes to the Rights Issue schedule:

Particulars Old Date Revised Date
Issue Opening Date Monday, June 15, 2026 Tuesday, June 16, 2026
Issue Closing Date Monday, June 29, 2026 Tuesday, June 30, 2026

Eligible shareholders are requested to take note of the revised dates and ensure that payment of the Third and Final Call is made within the new period. The Corrigendum cum addendum is available on the company's website. The communication was submitted to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+2.78%+12.13%+2.57%+15.10%-13.05%+97.99%

What specific technical issues necessitated the extension of the Rights Issue payment period?

How might this delay impact the company's planned capital allocation or upcoming projects?

Will the revised schedule affect the company's compliance with other regulatory timelines or financial covenants?

More News on ECO Hotels & Resorts

1 Year Returns:-13.05%