Description
Shree Ajit Pulp And Paper Ltd has forfeited 32,616 partly paid-up equity shares 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’ non-payment of allotment/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 at time of forfeiture
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the forfeiture for their records and compliance purposes.
Important Dates
- Notice Date: July 28, 2025
- Notice Number: 20250728-16
Impact Assessment
This is a routine corporate action with minimal market impact. The forfeiture affects only specific shareholders who failed to meet their payment obligations for partly paid-up shares. The action reduces the company’s issued share capital by the forfeited amount and may slightly improve the company’s capital structure by eliminating unpaid obligations.
Impact Justification
Routine corporate action affecting specific shareholders who failed to pay allotment/call money