Description

BSE announces forfeiture of equity shares of National General Industries Ltd. for specific shareholders including Amit Bharat, Balwant Roy, Ved Prakash Reheja, Yogesh Bagai, Meena Goel, and Virender Chauhan.

Summary

BSE has issued a circular regarding the forfeiture of equity shares of National General Industries Ltd. The circular lists shareholders whose equity shares have been forfeited, including multiple entries for Amit Bharat (Folio 101), Balwant Roy (Folio 107), Ved Prakash Reheja (Folio 108), Yogesh Bagai (Folio 109), Meena Goel (Folio 115), and Virender Chauhan (Folio 118 and 119). All affected shareholders are located in Ghaziabad.

Key Points

  • Forfeiture affects equity shares of National General Industries Ltd.
  • Six shareholders affected with multiple share entries per shareholder
  • Folio numbers: 101, 107, 108, 109, 115, 118, and 119
  • All shareholders have Ghaziabad addresses
  • Shareholders include: Amit Bharat (10 entries), Balwant Roy (5 entries), Ved Prakash Reheja (10 entries), Yogesh Bagai (5 entries), Meena Goel (10 entries), and Virender Chauhan (20 entries)

Regulatory Changes

No regulatory changes introduced. This is a corporate action disclosure regarding share forfeiture.

Compliance Requirements

  • National General Industries Ltd. must update its shareholding records
  • Affected shareholders’ equity holdings are forfeited as per company procedures
  • Market participants should note the reduction in issued and paid-up capital

Important Dates

  • Circular Date: January 30, 2026
  • Effective immediately upon announcement

Impact Assessment

The forfeiture impacts specific shareholders of National General Industries Ltd. This corporate action reduces the company’s shareholding base and may indicate non-payment of call money or non-compliance with shareholding terms. The impact is limited to the specific company and affected shareholders, with minimal market-wide implications. Investors in National General Industries Ltd. should note the change in capital structure.

Impact Justification

Share forfeiture affects specific shareholders of a single company. Limited market-wide impact but relevant for affected shareholders and company tracking.