Eco Hotels and Resorts Limited’s Rights Issue Committee has approved a waiver of interest on delayed payments for the First and Second Call Money related to its recent Rights Issue. The decision, taken on July 03, 2026, provides relief to shareholders who settled their outstanding dues following a reminder notice dated June 22, 2026. This move aims to settle the liabilities of compliant shareholders while maintaining strict terms for those still in default.

The Committee, exercising powers delegated by the Board of Directors, determined that shareholders who paid the call money after the original due dates but in response to the reminder notice would be exempt from interest penalties. Additionally, the company will refund any interest amounts that were already collected from these specific shareholders. This measure ensures that compliant investors are not unduly penalized for the delay.

The waiver, however, is strictly conditional and does not extend to all shareholders. The Committee clarified that the relief is not applicable to shareholders who continue to remain in default regarding the payment of the First, Second, Third, and/or Final Call Money. These defaulters will remain liable to pay the outstanding call money along with applicable interest until the date of actual payment, as per the Articles of Association of the Company.

The meeting to finalize these decisions was brief, commencing at 02:30 pm (IST) and concluding at 02:45 pm (IST) on July 03, 2026. The disclosure was submitted to the Stock Exchange by Heena Supadia, Company Secretary & Compliance Officer, to inform all stakeholders of the outcome.

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.

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.