California Software Company Limited Announces First and Final Call on Partly Paid-Up Equity Shares

California Software Company Limited has announced the first and final call on its partly paid-up equity shares, marking a significant milestone in the completion of its rights issue process. The company has set clear timelines and payment mechanisms for shareholders to convert their partly paid-up shares into fully paid-up equity shares. Call Details and Timeline The Rights Issue Committee approved the first and final call at its meeting held on January 31, 2026. Key details of the call are structured as follows: Parameter Details Call Amount ₹7.50 per partly paid-up equity share Record Date February 05, 2026 Payment Period February 16, 2026 to March 02, 2026 Payment Duration 15 days Last Payment Date March 02, 2026 The company has emphasized that this is the final call, with no further calls planned for the rights issue. Shareholders who fail to pay the call amount will face consequences including interest charges and potential forfeiture of their shares. Rights Issue Background The partly paid-up equity shares were originally issued through a rights offering based on the Letter of Offer dated January 07, 2025. The rights issue structure included: Issue Price: ₹10.00 per share (₹10.00 face value, ₹NIL premium) Rights Ratio: 3 rights equity shares for every 1 fully paid-up equity share Application Money: ₹2.50 per share (already collected) Remaining Amount: ₹7.50 per share (current call) Allotment Date: February 13, 2025 Payment Methods and Locations Shareholders have multiple payment options available during the specified payment period: ASBA Facility Online ASBA: Through Self-Certified Syndicate Banks (SCSBs) websites Physical ASBA: By submitting application forms to designated SCSB branches Cheque/Demand Draft Payments can be made through cheque or demand draft payable to "CALIFORNIA SOFTWARE COMPANY LIMITED - RIGHTS ISSUE ALLOTMENT ACCOUNT" at designated Axis Bank branches across major cities including Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, and others. Trading Suspension and Consequences The company has suspended trading of partly paid-up equity shares (ISIN: IN9526B01012) on stock exchanges effective February 05, 2026. Shareholders who fail to pay the first and final call will face: Interest Charges: 10.00% per annum on delayed payments beyond March 02, 2026 Dividend Deduction: Outstanding call amounts may be deducted from future dividends Share Forfeiture: Partly paid-up shares may be forfeited in accordance with regulatory provisions The company has provided comprehensive payment instructions and contact details for shareholder queries, with dedicated helpline support available from Monday to Friday between 10 AM and 5 PM at +91 90920 53888. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.