BCC Fuba India Ltd has approved the forfeiture of 8,327 partly paid-up equity shares along with application money amounting to Rs. 0.03 Cr already paid on them.

This action stems from the failure of concerned shareholders to clear the pending first and final call money of Rs. 37.50 per share plus applicable interest despite being given a final payment window.

Forfeiting these shares cleans up the unpaid capital structure, ensuring finality regarding the defaulted calls and impacting the total paid-up equity base for shareholders.