Description
BSE announces forfeiture of 32,616 partly paid-up equity shares of Shree Ajit Pulp And Paper Ltd due to non-payment of allotment/call monies.
Summary
Shree Ajit Pulp And Paper Ltd (Scrip Code: 538795) has forfeited 32,616 equity shares of Rs. 10/- each that were partly paid-up due to shareholders’ failure to pay allotment or call monies. The forfeited shares have distinctive numbers ranging from 3538518 to 3571133.
Key Points
- Company: Shree Ajit Pulp And Paper Ltd (Scrip Code: 538795)
- Number of shares forfeited: 32,616 equity shares
- Face value: Rs. 10/- each
- Reason: Non-payment of allotment/call monies
- Distinctive numbers: 3538518 to 3571133
- Shares were partly paid-up
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the forfeiture for their records and trading system updates.
Important Dates
- Notice Date: July 28, 2025
- Effective immediately
Impact Assessment
Limited impact as this is a company-specific action affecting a relatively small number of shares. The forfeiture reduces the company’s issued share capital and may slightly affect the shareholding pattern. Trading members need to update their records accordingly.
Impact Justification
Company-specific forfeiture affecting small number of shares with limited market impact