As per the Company's records, the First and Final Call money for the partly paid-up equity shares of the Company held in the captioned DP ID - Client ID/Folio No. This disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Twitter, Home We would request you to kindly update your records and a letter in confirmation may be sent to us in the aforesaid matter. _____ on the aforesaid matter. In terms of the provisions of the Act, read with the relevant rules made thereunder, the Reminder-cum-Forfeiture Notice is being sent in electronic mode to the holders of partly paid-up equity shares as on the Record Date i.e. If so, please let me know. Call amounts are due and payable by 9 November 2015. File MGT-14 with ROC, within 30 days of passing SR: Step 5 Inform the forfeiture of the shares to the concerned shareholders by registered post. A copy of the aforesaid letter duly acknowledged by your exchange is enclosed herewith for your ready reference. What is the process for forfeiting the shares and what filings would subsequently need to be made at companies house? Ambawadi, Ahmedabad - 380006, Gujarat; Bengaluru: ICICI Bank Ltd, 1, Shobha Pearl. The Stakeholders' Relationship Committee ("Committee"), duly authorized by the Board of Directors of the Company, at its meeting held on March 24, 2021, approved sending of a Reminder-cum-Forfeiture Notice for payment of first and final call amount of ₹461/- per partly-up equity share as First and Final Call money ("Reminder-cum-Forfeiture Notice"), to the holders of such partly paid-up equity shares on which the first and final call money remains unpaid. Excess/duplicate amount paid or amount paid by person who is not a shareholder as on the Record Date or short payment made by a shareholder (in case the same cannot be adjusted towards payment of First and Final Call Money), will be refunded as per the following methods: Cheque/DD - Credit to the same bank account from where payment has been made, RWAP - Credit to the same bank account from where payment has been made. If such holder makes a payment of ₹23,050, such holder will receive such number of fully, equity shares converted in proportion to the payment made i.e. February 19, 2021, who have not paid the call money or part thereof, pursuant to the First and Final Call Money Notice dated February 23, 2021, and … Ahmedabad: ICICI Bank Ltd, JMC House, Opp. : +91 22 6665 7279; E-mail: cosec@tatasteel.com, REMINDER-CUM-FORFEITURE NOTICE TO THE HOLDERS OF PARTLY PAID-UP, EQUITY SHARES ON WHICH CALL AMOUNT IS TO BE PAID (ISIN: IN9081A01010), Sub: Reminder-cum-Forfeiture Notice for payment of First and Final Call Money of ₹461/- (comprising ₹7.496 towards face value and ₹453.504 towards securities premium) per partly paid-up equity share issued by Tata Steel Limited (the "Company"), on a rights basis, pursuant to the Letter of Offer dated January 22, 2018 ("Letter of Offer"), Ref: First and Final Call Money Notice dated February 23, 2021. About-us A further notice after the shares are forfeited is not necessary. The Company will not be liable for any delayed receipt and reserves the right to reject such delayed receipts. There are instances when a member who is liable to pay any call money on his shares, fails to pay the amount. Follow her @ The notice must give not less than fourteen days’ time from the date of service of notice for the payment of the amount due. | Post the merger of certain Public Sector Banks ("PSBs") with other banks, the cheques of the merged PSBs have become invalid effective April 1, 2021. The chairman informed that the company has received request for transfer of shares along with the Share Certificate. who have specifically registered their request for the physical copy of the same. All capitalized terms not defined herein would have the same meaning as attributed to it in the Letter of Offer. Securities Premium amount has been received- Here, the share capital amount is debited with the called-up amount and then it will be credited to Shares Allotment (amount not received on allotment), Forfeited Shares ( … The company will give 14 days' notice; after 14 days if the shareholder does not pay the company will forfeit his shares and strike his name from the register of shareholders. This was duly communicated to your good office vide our letter No. This is an example of a notice of forfeiture to be used when a landlord forfeits a lease by peaceable re-entry. Out of the above 150000 Equity Shares, the Board of Directors in its meeting held on _________ had annulled 80000 Equity Shares previously forfeited. Contact-us. no part payment will be accepted and part payment will be treated as, For example - If a shareholder holds 100 partly, equity shares on the Record Date, the aggregate amount payable by such holder pursuant to the, Notice for payment of first and final call money will be ₹46,100. This has reference to the First and Final Call Money Notice dated February 23, 2021 issued in relation to the partly paid-up equity shares of the Company. Forfeiture of Awards. February 19, 2021, who have not paid the In order to do a share forfeiture the Articles of Association of the company should contain a provision for that. This is an excerpt of the original content. Indian Stocks End in Red on Wednesday; Tata Steel’s Stock Slumps Over 4%, https://www.tatasteel.com/investors/investor-information/rights-issue-first-and-final-call/. 6. Forfeiture of Share. This is with reference to your letter No. _____dtd. This is for your information and records. Available only to resident shareholders and such payments to be received on or before close of banking hours on. Commissariat Road, Off M. G. Road, Ground Floor, Bengaluru - 560025, Karnataka; Chennai: ICICI Bank Ltd, 110, Prakash Presidium, Utthamar Gandhi Salai. Detailed Instructions [for the Final Demand cum Forfeiture Notice -Partly Paid-up Equity Shares] Notice . In this connection, the Stakeholders' Relationship Committee ("Committee"), duly authorized by the Board of Directors of the Company, at its meeting held on March 24, 2021, approved sending of a Reminder-cum-Forfeiture Notice for payment of first and final call amount of ₹461/- per partly-up equity share (comprising ₹7.496 towards face value and ₹453.504 towards securities premium) as First and Final Call money ("Reminder-cum-ForfeitureNotice"), to the holders of such partly paid-up equity shares on which the first and final call money remains unpaid. The notice must also state that in the event the non-payment of the amount due within the period mentioned in the notice the shares in respect of which call was made will be liable to forfeiture. For and on behalf of (NAME OF COMPANY) _____ (Director Name) Shareholders may please note that payment of First and Final Call Money made using cheques of such PSBs will not be accepted and payment of First and Final Call Money using such cheques will be rejected. Google+ Please also provide MBP-1. Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400021, Maharashtra; New Delhi: ICICI Bank Ltd, 9A, Phelps Building, Connaught Place, New, Delhi - 110001, Delhi; Pune: ICICI Bank Ltd, A Wing Shangrila Gardens, Bund Garden. ______________ dtd. Tata Steel Ltd. published this content on 15 April 2021 and is solely responsible for the information contained therein. This is with reference to your letter No. All rights reserved. Copyright � 2021 Surperformance. Shareholders residing at locations where the ICICI Bank's collection centers are not available, may send their First and Final Call Money along with the completed payment slip by registered post/speed post/courier at the office of the Registrar: stating the requisite details along with Cheque/Demand Draft payable at Mumbai, such that the same are received on or before the last date of payment of the First and Final Call Money as mentioned in the Reminder cum Forfeiture Notice i.e.
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