ALPHA TRIBE

Aarcon Facilities LtdImportant, 20-12-2025: Company Update

20-12-2025 | 05:29 pm

Aarcon Facilities Limited's board has approved the forfeiture of 1,173,100 partly paid-up equity shares. This action was taken due to shareholders' non-payment of money due on allotment, despite multiple reminders. The total unpaid amount on these forfeited shares stands at approximately 0.88 Cr. These shares now become the company's property, allowing for potential re-allotment, sale, or cancellation. This move clarifies the company's capital structure and provides flexibility for future capital management.

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