Description

BSE announces forfeiture of 1,39,591 partly paid-up equity shares of Eiko Lifesciences Ltd due to non-payment of allotment/call monies.

Summary

Eiko Lifesciences Ltd (Scrip Code: 540204) has forfeited 1,39,591 equity shares of Rs. 10/- each due to non-payment of allotment/call monies by shareholders. The forfeited shares were partly paid-up equity shares with distinctive numbers ranging from 13720855 to 13860445.

Key Points

  • Company: Eiko Lifesciences Ltd (BSE Scrip Code: 540204)
  • Forfeited shares: 1,39,591 equity shares of Rs. 10/- each
  • Reason: Non-payment of allotment/call monies
  • Share type: Partly paid-up equity shares
  • Distinctive numbers: 13720855 to 13860445
  • Notice issued by Deputy Vice President Ashok Kumar Singh

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action under existing share forfeiture provisions.

Compliance Requirements

  • Trading members are informed of the share forfeiture
  • Forfeited shares are no longer valid for trading
  • Company has complied with statutory requirements for share forfeiture process

Important Dates

  • Notice Date: July 28, 2025
  • Effective Date: July 28, 2025 (immediate effect)

Impact Assessment

Limited impact as this affects only specific shareholders of Eiko Lifesciences Ltd who failed to pay call monies. The forfeiture reduces the company’s issued share capital and may slightly affect the stock’s liquidity. No broader market implications expected.

Impact Justification

Company-specific share forfeiture affecting limited shareholders, minimal market-wide impact