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
BSE has announced that 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 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
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the forfeiture action. No specific compliance requirements outlined for trading members.
Important Dates
- Notice Date: July 28, 2025
- Notice Number: 20250728-16
Impact Assessment
This is a company-specific corporate action with limited market impact. The forfeiture affects a relatively small number of shares and is a routine corporate action for companies with partly paid-up shares where shareholders fail to pay remaining amounts.
Impact Justification
Company-specific forfeiture action affecting limited number of shares with minimal market impact