Sobha Limited has issued a Final Reminder-cum-Forfeiture Notice for the first and final call on its outstanding partly paid-up Rights Equity Shares. Shareholders have until November 24, 2026, to pay the call amount of ₹825.50 per share. Failure to comply will result in the forfeiture of these shares, including any amounts already paid.
Final Call on Rights Shares Issued
Sobha Limited has issued a crucial Final Reminder-cum-Forfeiture Notice regarding the payment of the first and final call money for its outstanding partly paid-up Rights Equity Shares. This notice serves as a last opportunity for eligible shareholders to settle their dues and prevent potential forfeiture of their investment.
Payment Deadline and Amount
Shareholders are reminded that the payment period for the first and final call amount of ₹825.50 per share (comprising ₹5.00 towards face value and ₹820.50 towards premium) is from Tuesday, November 10, 2026, to Tuesday, November 24, 2026, inclusive. The company emphasizes that this is the final opportunity for shareholders to make the payment within the specified period.
Consequences of Non-Payment
Failure to pay the required amount by the deadline of November 24, 2026, will render the partly paid-up equity shares liable for forfeiture. This forfeiture will apply to the shares for which the call money remains unpaid, and it will include any amounts already paid on those shares. The process will be conducted in accordance with the relevant provisions of the Companies Act, the company’s Articles of Association, and the terms outlined in the Letter of Offer.
Payment Instructions and Details
Detailed instructions for making the payment are available on the company’s website (www.sobha.com) and have been communicated to shareholders. Payments are to be made via cheque or demand draft, payable to ‘Sobha Limited Partly Paid First and Final Call Money – R’ for resident shareholders and ‘– NR’ for non-resident shareholders. These should be deposited at designated Axis Bank Limited branches by the specified deadline. Cash payments and part payments will not be accepted.
Previous Communications
This final reminder follows previous intimations dated November 14, 2024, December 09, 2024, January 21, 2025, and August 28, 2025, concerning the first and final call on the 1,21,07,981 partly paid-up equity shares allotted on July 11, 2024. The call amount is per share, with the total call money for the outstanding shares being significant.
Source: BSE
