Description

Trading suspended in partly paid equity shares of California Software Co. Ltd. from February 5, 2026 due to record date fixation for First and Final Call payment eligibility.

Summary

BSE has directed trading members to cease all dealings in partly paid equity shares of California Software Co. Ltd. (Scrip Code 890211) effective February 5, 2026. The company has fixed a record date to determine shareholders eligible to pay the First and Final Call of Rs. 7.50 per share on partly paid-up equity shares.

Key Points

  • Trading suspension applies only to partly paid equity shares (Scrip Code 890211)
  • Record date fixed: February 5, 2026
  • No dealings permitted from: February 5, 2026 (Settlement No. DR-814/2025-2026)
  • Call amount: Rs. 7.50 per partly paid share (First and Final Call)
  • Purpose: To ascertain shareholders eligible to pay the call money
  • Trading members must not execute any trades in these securities

Regulatory Changes

No regulatory changes. This is a standard corporate action procedure for companies with partly paid shares.

Compliance Requirements

  • Trading members must immediately stop dealing in partly paid equity shares of California Software Co. Ltd. (Scrip Code 890211)
  • No buy or sell transactions permitted from February 5, 2026 onwards
  • Members must ensure systems are updated to prevent inadvertent trading
  • Compliance with settlement number DR-814/2025-2026 requirements

Important Dates

  • Circular Date: February 2, 2026
  • Record Date: February 5, 2026
  • No Dealings From: February 5, 2026
  • Settlement Number: DR-814/2025-2026

Impact Assessment

Market Impact: High impact for holders of partly paid shares who must arrange Rs. 7.50 per share to meet the call obligation. Failure to pay may result in forfeiture of shares.

Trading Impact: Complete suspension of trading in partly paid shares (Scrip Code 890211) eliminates liquidity for these securities. Investors cannot exit positions after February 5, 2026.

Operational Impact: Trading members must update systems to block transactions and communicate with clients holding these securities about the call payment requirement and trading restriction.

Impact Justification

High impact for shareholders holding partly paid shares who must pay the call amount. Medium overall importance as it affects only partly paid shares (scrip code 890211) of a single company.