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 at the 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 trading purposes. No specific compliance actions required from market participants.
Important Dates
- Notice Date: July 28, 2025
- Forfeiture effective as notified
Impact Assessment
Minimal market impact as this is a company-specific corporate action affecting a small number of partly paid-up shares. The forfeiture reduces the company’s issued share capital and may slightly impact the shareholding pattern. Trading members should update their records accordingly.
Impact Justification
Company-specific action affecting minority shareholding with limited market impact