Eco Hotels final call payment opens June 15

1 min read     Updated on 01 Jun 2026, 08:32 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Eco Hotels and Resorts Limited announced the payment window for the third and final call money of ₹3.80 per share, open from June 15 to June 29, 2026. The call affects 1,28,76,808 partly paid-up shares, and non-payment may result in interest charges and forfeiture.

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Eco Hotels and Resorts Limited has opened the payment window for the third and final call money of ₹3.80 per share, requiring shareholders to pay the amount by June 29, 2026, to convert their partly paid-up equity shares into fully paid-up shares. The call comprises ₹2.50 towards paid-up value and ₹1.30 towards premium. The company has completed the dispatch of call notices via electronic mode on May 30, 2026, and physical copies on June 1, 2026, to eligible shareholders as on the record date of May 29, 2026.

The Rights Issue Committee approved the final call on May 23, 2026, affecting 1,28,76,808 partly paid-up rights equity shares issued at an issue price of ₹15.20. Trading of the partly paid-up shares (ISIN: IN9638N01036) has been suspended from May 29, 2026, until the conversion process is completed. Shareholders who have paid all calls can expect credit of fully paid-up shares within three weeks from the payment closure date.

Payment Schedule and Modes

The payment period for the third and final call is strictly 15 days. Shareholders can utilize various modes including Online ASBA, Physical ASBA, and 3-in-1 online trading accounts facilitated by brokers.

Payment Period From To Duration
Third and Final Call Monday, June 15, 2026 Monday, June 29, 2026 15 days

Consequences of Non-Payment

The company has outlined specific consequences for shareholders failing to meet the payment deadline. Interest at 10.00% per annum will be charged for any delay in payment beyond June 29, 2026. Additionally, the company reserves the right to deduct outstanding amounts from future dividends. Failure to pay may also lead to the forfeiture of the partly paid-up equity shares in accordance with the Articles of Association and the Letter of Offer.

Registrar and Contact Details

All correspondence regarding the call money payment should be addressed to Bigshare Services Private Limited, the Registrar and Transfer Agent. Shareholders can seek clarifications via email at rightsissue@bigshareonline.com or by calling +91 022 62638200. Detailed instructions and the ASBA application form are available on the company’s website and the registrar’s portal.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+3.57%+10.17%+1.18%+14.43%-0.97%+94.44%

What impact will the suspension of trading for partly paid-up shares have on liquidity and investor sentiment until the conversion is completed?

How will the company utilize the capital raised from this final call, and what strategic initiatives are expected to be funded?

What is the expected timeline for the resumption of trading for the fully paid-up shares, and how might the market react post-conversion?

Eco Hotels fixes May 29 record date for ₹3.80 final call

1 min read     Updated on 23 May 2026, 01:04 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Eco Hotels And Resorts Limited has fixed May 29, 2026, as the record date for the third and final call of ₹3.80 per share on its outstanding partly paid-up equity shares. The call, totaling ₹4.89 crore, is payable via Online ASBA between June 15 and June 29, 2026, with Kotak Mahindra Bank acting as the banker.

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Eco Hotels And Resorts Limited has announced the record date for the third and final call on its partly paid-up equity shares. The Rights Issue Committee, in its meeting held on May 23, 2026, approved the call amount of ₹3.80 per share. This amount comprises ₹2.50 adjusted towards the face value and ₹1.30 adjusted towards the securities premium.

The company has fixed Friday, May 29, 2026, as the record date to determine the eligible holders of these partly paid-up shares. The call will be made on 1,28,76,808 outstanding Rights Equity Shares, which have a face value of ₹10 each and were allotted on a rights basis on September 26, 2025.

Call Payment Details

The total amount due for this third call aggregates to ₹4,89,31,870.40. Shareholders determined as eligible on the record date will receive a call notice with instructions for payment.

Parameter Details
Record Date Friday, May 29, 2026
Call Amount ₹3.80 per share
Total Amount ₹4,89,31,870.40
Payment Start Date Monday, June 15, 2026
Payment End Date Monday, June 29, 2026
Payment Mode Online ASBA
Banker Kotak Mahindra Bank Limited

The call money payment period is scheduled to open on Monday, June 15, 2026, and will close on Monday, June 29, 2026. The company specified that these dates are inclusive and may be extended by the Rights Issue Committee as deemed necessary. Kotak Mahindra Bank Limited has been appointed as the banker for this third call, and the acceptable mode of payment is Online ASBA.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+3.57%+10.17%+1.18%+14.43%-0.97%+94.44%

How will the successful completion of this third and final call impact Eco Hotels And Resorts Limited's capital structure and debt-to-equity ratio going forward?

What specific expansion projects or strategic initiatives is Eco Hotels And Resorts Limited planning to fund with the capital raised through this rights issue?

How might the conversion of partly paid-up shares to fully paid-up shares affect the stock's liquidity and trading volumes on the exchange?

More News on ECO Hotels & Resorts

1 Year Returns:-0.97%