Arvind Fashions Limited - Updates

Arvind Fashions Limited has informed the Exchange regarding The Committee of Directors, duly authorized by the Board of Directors of the Company, at its meeting held on July 15, 2021, approved sending of a Final Demand cum Forfeiture Notice for payment of First and Final Call Money of ₹65/- per partly-up Equity Share (comprising ₹2/- towards face value and ₹63/- towards securities premium) as First and Final Call money ( Final Demand cum Forfeiture Notice ), to the holders of such partly paid-up Equity Shares on which the First and Final Call Money remains unpaid. Failure to pay the aforesaid amount shall render the partly paid-up Equity Shares, including the amount already paid thereon, liable to be forfeited in accordance with the Companies Act, 2013, Articles of Association of the Company and the Letter of Offer dated February 19, 2021. In this connection, we wish to inform that the Final Demand cum Forfeiture Notice is being issued to the holders of such partly pa

Jul 16, 2021 12:07 IST capital market

Arvind Fashions Limited has informed the Exchange regarding The Committee of Directors, duly authorized by the Board of Directors of the Company, at its meeting held on July 15, 2021, approved sending of a Final Demand cum Forfeiture Notice for payment of First and Final Call Money of ₹65/- per partly-up Equity Share (comprising ₹2/- towards face value and ₹63/- towards securities premium) as First and Final Call money ( Final Demand cum Forfeiture Notice ), to the holders of such partly paid-up Equity Shares on which the First and Final Call Money remains unpaid. Failure to pay the aforesaid amount shall render the partly paid-up Equity Shares, including the amount already paid thereon, liable to be forfeited in accordance with the Companies Act, 2013, Articles of Association of the Company and the Letter of Offer dated February 19, 2021. In this connection, we wish to inform that the Final Demand cum Forfeiture Notice is being issued to the holders of such partly paid-up Equity Shares on which the First and Final Call Money remains unpaid..

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