Description

Trading suspended in partly paid equity shares of Garment Mantra Lifestyle Limited from October 31, 2025 to determine eligible shareholders for Second and Final Call payment of Rs. 0.60 per share.

Summary

BSE has announced suspension of dealings in partly paid equity shares of Garment Mantra Lifestyle Limited (Scrip Code 890215) effective October 31, 2025. The suspension is to enable the company to fix the record date for determining eligible partly paid-up equity shareholders entitled to receive notice for the Second and Final Call of the Rights Issue. Shareholders will need to pay Rs. 0.60 per partly paid equity share (Rs. 0.50 towards face value and Rs. 0.10 as premium).

Key Points

  • Trading suspended in partly paid equity shares of Garment Mantra Lifestyle Limited from October 31, 2025
  • Record date set for October 31, 2025
  • Second and Final Call amount: Rs. 0.60 per partly paid equity share
  • Call money breakdown: Rs. 0.50 towards face value and Rs. 0.10 as premium
  • Settlement number: DR-747/2025-2026
  • Trading members must not deal in the partly paid equity shares from the specified date

Regulatory Changes

No regulatory changes. This is a standard corporate action procedure for rights issue call money collection.

Compliance Requirements

  • Trading members must not execute any trades in partly paid equity shares (Scrip Code 890215) from October 31, 2025
  • Trading members are required to take note of this circular and ensure compliance
  • The company will determine eligible shareholders as of the record date who must pay the second and final call money

Important Dates

  • Circular Date: October 27, 2025
  • Record Date: October 31, 2025
  • No Dealings From Date: October 31, 2025
  • Settlement Number: DR-747/2025-2026

Impact Assessment

Market Impact: Medium - Limited to partly paid equity shares only, not affecting fully paid shares. Temporary suspension for record date determination.

Operational Impact: Trading members holding or dealing in partly paid shares must halt all transactions from October 31, 2025. Shareholders of partly paid shares will need to arrange payment of Rs. 0.60 per share for the second and final call.

Investor Impact: Affects only holders of partly paid equity shares who subscribed to the rights issue. These shareholders must prepare to pay the final call money to convert their partly paid shares to fully paid shares.

Impact Justification

Temporary trading suspension affects only partly paid shares of a single company for record date determination. Limited to specific shareholder group entitled to pay second and final call money.