ALPHA TRIBE

National General Industries LtdImportant, 06-12-2025: Company Update

06-12-2025 | 11:38 pm

National General Industries Ltd. has announced the forfeiture of payments made by certain partly paid shareholders. Following a Board decision, shareholders who failed to pay their outstanding call money have forfeited Rs. 5 per equity share, comprising both face value and securities premium. For instance, an amount of Rs. 5,000 was forfeited for 1000 shares. These forfeited shares now become the company's property, and the affected shareholders lose all previous claims and interests related to those shares. This action impacts shareholders who did not meet their payment obligations.

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