Eco Hotels And Resorts Ltd
Updates on Second Call Money for partly paid-up Right Equity Shares
FUNDRAISE
● No Immediate Change
LOW RISK
📅 Filed on BSE: 14 Mar 2026, 12:12 PM IST · BSE ID: d21090c3-e7e5-4214-afe2-9bb86e5c882c
View Original BSE Filing (PDF)
🤖 AI Summary
- Eco Hotels And Resorts Limited's Rights Issue Committee approved a second call of Rs. 3.80 per partly paid-up equity share on March 14, 2026. The call applies to 1,28,76,808 partly paid-up rights equity shares allotted September 26, 2025 at Rs. 5.00 paid-up per share. Record date: March 19, 2026. Payment window: April 7-21, 2026. Total second call amount: Rs. 4,89,31,870.40. Of the Rs. 3.80 call, Rs. 2.50 adjusts to face value and Rs. 1.30 to securities premium. Kotak Mahindra Bank handles collections via online ASBA only.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Second call amount per share
Rs. 3.80
Face value portion of call
Rs. 2.50
Securities premium portion of call
Rs. 1.30
Partly paid-up shares subject to call
1,28,76,808 shares
Total second call money
Rs. 4,89,31,870.40
Record date
March 19, 2026
Payment window opens
April 7, 2026
Payment window closes
April 21, 2026
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders holding partly paid-up rights shares must remit Rs. 3.80 per share via online ASBA between April 7-21, 2026.
👤
Who Is Affected
All shareholders holding 1,28,76,808 partly paid-up equity shares as of record date March 19, 2026. Non-payment by April 21 may result in forfeiture of shares and capital invested in first call.
🔍
Management Signal
Staggered call structure (first call Rs. 5.00 in September, second call Rs. 3.80 in April) reflects capital management to spread shareholder payment obligations across six-month period.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Call notice issuance to eligible shareholders — expected within 10 days of record date
Call payment closure date April 21, 2026 — track company announcement on collection status
Share allotment post-call completion — expected within 5 business days of closure
LOW RISK
Standard rights issue procedural filing. Execution risk: shareholder non-compliance could delay capital inflow. Hotel industry cyclicality remains broader risk.
💡 Investor Takeaway
Eligible shareholders must remit Rs. 3.80 per partly paid-up right share between April 7-21, 2026 to complete allotment. Total potential call: Rs. 4,89,31,870.40. Non-payment risks forfeiture. Online ASBA payment only via Kotak Mahindra Bank.
⚖️ Strengths & Concerns
⚠️ Concerns
- Four-month gap between allotment (September 2025) and second call notice (March 2026) — extended capital deployment timeline.
- Limited payment window (15 days, April 7-21) — shareholders must act quickly to avoid potential share forfeiture.
📅 Company Track Record
Eco Hotels And Resorts Limited (CIN: L55101KL1987PLC089987) is a Kerala-based hotel operator established in 1987. Rights issue (Letter of Offer dated August 29, 2025) marks capital raise through existing shareholder route. No recent historical financial metrics disclosed in this filing.
Based on publicly available historical data. For context only.