Eco Hotels Sets January 8 Record Date for First Call on Partly Paid-Up Shares

Eco Hotels and Resorts Limited has officially announced January 8, 2026 as the record date for its first call on outstanding partly paid-up equity shares, following the Rights Issue Committee meeting held on January 2, 2026. The company communicated this decision to BSE Limited under Regulation 42 of SEBI LODR Regulations, 2015.

Rights Issue Committee Meeting Outcome

The Rights Issue Committee meeting, which commenced at 2:00 PM and concluded at 2:15 PM on January 2, 2026, approved making the first call on the company's outstanding partly paid-up equity shares. The committee's decisions were formally communicated to BSE Limited under Regulation 30 and 42 of SEBI LODR Regulations, 2015.

Parameter:	Details
Meeting Date:	January 2, 2026
Meeting Duration:	2:00 PM to 2:15 PM
Outstanding Shares:	1,28,76,808 partly paid-up equity shares
Face Value:	₹10.00 per share
Current Paid-up:	₹2.50 per share
ISIN (Partly Paid):	IN9638N01010

First Call Implementation Details

The committee has approved the first call of ₹3.80 per partly paid-up equity share, which will be allocated as ₹2.50 towards face value and ₹1.30 towards securities premium. The record date has been set as Thursday, January 8, 2026, for determining eligible shareholders who will receive the call notice.

Call Parameter:	Specification
Record Date:	Thursday, January 8, 2026
First Call Amount:	₹3.80 per share
Face Value Component:	₹2.50
Securities Premium:	₹1.30
Total Outstanding Shares:	1,28,76,808
Aggregate Call Amount:	₹4,89,31,870.40

Rights Issue Background

The current first call follows the company's rights issue that was allotted on September 26, 2025, pursuant to the Letter of Offer dated August 29, 2025, and subsequent corrigendums dated September 4 and September 16, 2025. The original rights issue was conducted with a rights ratio of 1:4.

Original Issue Details:	Value
Issue Size:	1,28,76,808 partly paid-up shares
Rights Ratio:	1:4
Allotment Date:	September 26, 2025
Letter of Offer Date:	August 29, 2025
BSE Scrip Code:	514402
ISIN (Fully Paid):	INE638N01012

Company Profile

Eco Hotels and Resorts Limited operates multiple hospitality brands including THE ECO™, THE ECO GRAND™, ECOXPRESS™, ECOVALUE™, ECO BOUTIQUE™, ECO RESORT™, and THEECO SATVA™, along with F&B brands SAHAR, GG'S, KICK IN THE BRICK, SAMPARK, SANJH, and SANDHAY. The company is listed on BSE with scrip code 514402 and maintains its registered office in Cochin, Kerala, with corporate office in Mumbai.

Shareholders are advised to monitor further communications regarding the first call notice, which will be sent to eligible equity shareholders as determined by the January 8, 2026 record date.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.66%	-8.43%	-3.25%	-36.94%	-50.21%	+24.59%

ECO Hotels & Resorts has unveiled plans for a significant rights issue, aiming to raise Rs. 1,957.27 lakh through the issuance of partly paid-up equity shares. The company's Right Issue Committee has set key dates and terms for this capital-raising initiative.

Rights Issue Details

The hospitality company will issue 1,28,76,808 partly paid-up equity shares at a price of Rs. 15.20 per share. The rights issue will follow a 1:4 ratio, offering shareholders one new equity share for every four shares held. Key dates for the rights issue are as follows:

Record Date: August 29, 2025
Issue Opening Date: September 8, 2025
Last Date for Market Renunciations: September 11, 2025
Issue Closing Date: September 17, 2025

Payment Structure

The payment for the rights issue will be structured in two parts:

Particulars	Amount (In Rs.)
On Application	3.80
In subsequent call(s)	11.40

The subsequent call(s) will be determined by the Board or a duly authorized committee at its discretion.

Corporate Actions

The rights issue follows a series of board meetings held on December 4, 2024, January 14, 2025, and March 5, 2025, where the issuance of partly paid-up equity shares was approved. The total amount to be raised through this rights issue will not exceed Rs. 2,000.00 lakh, in accordance with the Companies Act, 2013, and SEBI regulations.

Investor Considerations

Eligible shareholders are advised to ensure that any off-market renunciations are completed in a manner that credits the Rights Entitlements to the renouncee's demat account on or before the Issue Closing Date. The company's board retains the right to extend the issue period, not exceeding 30 days from the Issue Opening Date.

This rights issue represents a significant opportunity for existing shareholders to increase their stake in ECO Hotels & Resorts, as the company seeks to strengthen its capital base. Investors should carefully review the Letter of Offer, which will be filed with BSE Limited, for detailed terms and the application procedure.

ECO Hotels & Resorts, formerly known as Sharad Fibres & Yarn Processors Limited, operates various hotel brands including THE ECO GRAND™, ECO HOTELS™, and THE ECO™ among others. The company continues to expand its presence in the hospitality sector through strategic financial initiatives such as this rights issue.