ALPHA TRIBE

Sobha LimitedImportant, 03-02-2025: General Updates

03-02-2025 | 06:38 pm

A First Reminder-Cum-Forfeiture Notice has been issued regarding the payment of the first and final call amount for 57,731 partly paid-up Rights Equity Shares. Shareholders are required to pay ₹825.50 per share, which includes a face value of ₹5.00 and a premium of ₹820.50. The payment period is from February 18, 2025, to March 4, 2025. Failure to make the payment by the deadline could result in the forfeiture of shares, along with any prior payments made. This move reflects the company's ongoing commitment to ensure shareholder compliance following its recent rights issue, presenting potential risks for those who do not adhere to the payment timeline. Shareholders should monitor this situation closely to avoid forfeiture of their investments.

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