Eco Hotels and Resorts has informed that this is with reference to the reminder notice dated June 22, 2026 issued to the shareholders regarding the payment of interest on delayed payment of the First and Second Call Money in respect of the partly paid-up equity shares allotted pursuant to the Rights Issue, where the Call Money had been paid after the respective original due dates. The Rights Issue Committee at its meeting held on July 03, 2026, in exercise of the powers delegated by the Board of Directors and in accordance with the provisions of the Articles of Association of the Company, has considered and approved the waiver of interest on delayed payment of the First and Second Call Money in respect of those shareholders who had paid the outstanding call money pursuant to the aforesaid reminder notice. The Committee has further approved the refund of the interest amount, if any, already collected from such shareholders. The Committee also noted that the aforesaid waiver shall not be applicable to the shareholders who continue to remain in default in payment of the First, Second, Third and/or Final Call Money. Such shareholders shall continue to be liable to pay the outstanding call money together with the applicable interest thereon in accordance with the Articles of Association of the Company until the date of actual payment. This disclosure is being made for the information of the Stock Exchange and all the shareholders of the Company. The meeting commenced at 02:30 pm (IST) and concluded at 02:45 pm (IST).
The above information is a part of company’s filings submitted to BSE.
