Eco Hotels and Resorts Limited has issued a revised intimation to BSE Limited, correcting details regarding the dispatch of forfeiture notices for non-payment of call money. The company clarified that 16,31,580 partly paid-up Right Issue Equity Shares were approved for forfeiture by the Board of Directors on October 13, 2026, due to non-payment of call money. The forfeiture notices have been dispatched accordingly.
Correction to Share Forfeiture Disclosure
Eco Hotels and Resorts Limited has submitted a revised intimation concerning previously disclosed information regarding the forfeiture of shares. This update addresses an inadvertent error in the number of shares mentioned in an earlier disclosure dated October 17, 2026. The company has clarified that the number of shares was stated incorrectly due to a technical error.
Revised Forfeiture Details
The Board of Directors of Eco Hotels and Resorts Limited, during its meeting held on October 13, 2026, officially approved the forfeiture of 16,31,580 partly paid-up Right Issue Equity Shares. This action was taken due to the non-payment of call money by the respective shareholders. The forfeiture notices have since been dispatched to the concerned shareholders in compliance with applicable provisions.
All other information previously disclosed on October 17, 2026, remains unchanged, with the exception of this correction concerning the number of forfeited shares.
This intimation has also been uploaded to the company’s official website at www.ecohotels.in.
Source: BSE
