The Second and Final Call for payment on partly paid-up equity shares of Grasim Industries Limited is now open, running from January 6 to January 20, 2025. Shareholders, recorded as of December 13, 2024, are required to pay ₹906 per share, which includes a face value of ₹1 and a premium of ₹905. Detailed instructions for payment are available on the company's and KFin's websites. Failure to remit payment by the deadline may incur interest at 10% per annum on the overdue amount and may lead to the forfeiture of existing shares. Shareholders can reach out to KFin for any queries regarding the payment process.
This update could significantly impact shareholders involved with the company's equity structure.