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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Adroit Infotech Ltd
Adroit Infotech — Rights Issue Call Payment Window Opens April 10, INR 3.03 Crore Outstanding
FUNDRAISE ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 27 Mar 2026, 11:38 PM IST  ·  BSE ID: f44f7276-60bf-416f-bbe0-71f9a650088a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company is giving shareholders a final chance to pay money owed on shares they partly bought in 2024, or risk losing those shares.
🤖 AI Summary
  • Rights Issue Committee approved call payment window for unpaid shareholder dues from February 2024 issuance
  • Outstanding call money: INR 3,03,08,948 across 30,91,222 partly paid-up equity shares
  • Payment window: April 10 to April 30, 2026; mode via cheque or demand draft only
  • Interest charged at 9% per annum from due date till actual payment; forfeiture of shares if unpaid
🔢 Key Numbers — exact figures from BSE filing, not rounded
Outstanding call money amount
INR 3,03,08,948
Number of shares with unpaid calls
30,91,222 shares
Principal due on application-paid shares
INR 1,42,49,565
Principal due on first-call-paid shares
INR 59,56,400
Interest rate on arrears
9% per annum
Payment window closing date
April 30, 2026
🏢 How This Affects the Company
💰
Financial Impact
Call payment collection of INR 3,03,08,948 in principal plus accrued interest will improve cash position if realised within payment window.
⚠️
Risk Impact
Non-recovery of call amounts will trigger share forfeiture proceedings, reducing issued capital and shareholder base. Partial payment or delayed collection within window reduces near-term cash benefit.
👥 What This Means For Shareholders
✅
Action Required
Shareholders holding partly paid-up shares must submit cheque/demand draft for full outstanding call amount plus accrued 9% interest by April 30, 2026 to avoid forfeiture.
👤
Who Is Affected
Shareholders holding 30,91,222 partly paid-up equity shares — specifically 18,99,942 shares with only application money paid (INR 1,42,49,565 principal outstanding) and 11,91,280 shares paid to first call (INR 59,56,400 outstanding).
🔍
Management Signal
Committee's approval of final opportunity and strict forfeiture timeline signals management intent to complete capital regularization and enforce shareholder obligations under rights issue terms.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
April 30, 2026 — track call collection outcome via completion/status filing
May 2026 — monitor share forfeiture notice for number and value of forfeited shares
Updated shareholding pattern — watch for issued capital revision post-forfeiture completion
MEDIUM RISK Large outstanding call balance from 2024 indicates capital structure weakness. Forfeiture execution carries legal and operational complexity. Cash recovery uncertain.
💡 Investor Takeaway
Adroit Infotech is recovering INR 3,03,08,948 in outstanding call money from 30,91,222 partly paid-up shares issued February 2024. Payment window April 10–30, 2026. Non-payment triggers share forfeiture under Companies Act. Interest accrues at 9% per annum.
⚖️ Strengths & Concerns

✅ Positives

  • Structured final call window with explicit dates reduces ambiguity and gives clear shareholder notice
  • Interest levy at 9% per annum on arrears incentivizes timely payment and compensates delay

⚠️ Concerns

  • INR 3,03,08,948 outstanding across 30,91,222 shares indicates high non-compliance from February 2024 issuance
  • 30-day payment window is tight; forfeiture threat introduces volatility in shareholder base and issued capital
⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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