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Ampvolts Limited has forfeited 2,89,087 partly paid-up equity shares due to non-receipt of call money. These shares, with a face value of ₹10 each, were part of a rights issue that aimed to raise up to ₹48 crore. Shareholders failed to make the required payments despite multiple notices. Consequently, these shares, along with any amounts already paid, have been cancelled and now belong to the company. This action clarifies the company's capital structure and addresses outstanding payment obligations from investors.