Garment Mantra Lifestyle Ltd — Updates, 03-07-2025: Company Update

Garment Mantra Lifestyle Limited has announced a board meeting to approve the first call on partly paid-up rights equity shares amounting to ₹0.30 per share (₹0.25 paid-up capital and ₹0.05 premium) on 39.15 crore partly paid-up equity shares of face value ₹1 each issued on a rights basis. The Record Date to identify shareholders eligible for the first call notice has been fixed, and relevant details will be sent to shareholders in due course. This move will impact shareholders holding partly paid shares by requiring additional payment as per the rights issue terms.