Aarcon Facilities Ltd — Important, 20-12-2025: Company Update
20-12-2025 | 05:37 pm
20-12-2025 | 05:37 pm
Aarcon Facilities Limited clarified a previous announcement, confirming its board meeting on November 12 approved the forfeiture of 1,173,100 partly paid-up equity shares. This decision was made because shareholders failed to pay their allotment money by the August 30 deadline. The total unpaid amount on these forfeited shares was 0.88 Crore. These shares are now company property and can be re-allotted or canceled. This means affected investors have lost all rights and interest in these shares due to non-payment.
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