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Garment Mantra Lifestyle LtdUpdates, 30-07-2025: Company Update

30-07-2025 | 03:55 pm

Garment Mantra Lifestyle Limited has issued a correction to its First Call Notice for partly paid-up equity shares. Shareholders now have until August 18, 2025, to pay the First Call money of ₹0.30 per share, which includes ₹0.05 as premium. The company warns that failure to pay by the deadline will incur a 10% annual interest and may lead to forfeiture of shares. Trading of the ₹0.25 partly paid-up shares was suspended from July 11, 2025. Trading for the ₹0.50 partly paid-up shares is expected to begin within three weeks after the payment deadline. This update is crucial for shareholders to avoid penalties and understand the new payment timeline.

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