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  3. Eco Hotels Publishes Newspaper Ads for Second Call Notice to Shareholders
ipo services in India
India IPO
  • 25 Mar 2026
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 Eco Hotels Publishes Newspaper Ads for Second Call Notice to Shareholders

Eco Hotels and Resorts Limited has published newspaper advertisements regarding the second call notice to partly paid-up equity shareholders under Regulation 30 compliance. The second call requires payment of ₹3.80 per share from April 07-21, 2026, with multiple payment methods available through ASBA facilities.

Eco Hotels Publishes Newspaper Ads for Second Call Notice to Shareholders

Eco Hotels & Resorts Limited has published newspaper advertisements regarding the second call notice to holders of partly paid-up equity shares, following the completion of electronic and physical dispatch of notices to shareholders.

Newspaper Advertisement Publication

The company informed BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 about the newspaper advertisement publication on March 25, 2026. The advertisement was published in multiple newspapers to ensure wide coverage.

Publication Details: Specifications Financial Express: English Daily (all editions) Jansatta: Hindi Daily (all editions) Metro Vaartha: Ernakulam Daily (Kerala edition) Publication Date: March 25, 2026

Second Call Payment Details

The company has issued a second call notice for payment of ₹3.80 per partly paid-up equity share. This amount comprises ₹2.50 towards paid-up value and ₹1.30 towards premium. The notice applies to shareholders holding partly paid-up equity shares as on the record date of March 19, 2026.

Parameter: Details Call Amount per Share: ₹3.80 Paid-up Value Component: ₹2.50 Premium Component: ₹1.30 Total Partly Paid-up Shares: 1,28,76,808 Record Date: March 19, 2026

Payment Timeline and Methods

The second call payment period will commence from April 07, 2026, and close on April 21, 2026, providing shareholders with a 15-day window for payment. The company has specified multiple payment methods to facilitate the process.

Payment Period: Duration Start Date: April 07, 2026 End Date: April 21, 2026 Payment Duration: 15 days

Shareholders can make payments through:

Online ASBA through Self-Certified Syndicate Banks (SCSBs) websites

Physical ASBA by submitting applications to designated SCSB branches

3-in-1 online trading-demat-bank accounts where offered by brokers

Rights Issue Background

The second call notice stems from the company's rights issue conducted under the Letter of Offer dated August 29, 2025. The company had issued 1,28,76,808 partly paid-up equity shares of face value ₹10.00 each at an issue price of ₹15.20 per share. The rights shares were offered in the ratio of 1 partly paid-up rights equity share for every 4 fully paid-up equity shares held as on August 29, 2025.

Rights Issue Details: Specifications Face Value per Share: ₹10.00 Issue Price per Share: ₹15.20 Rights Ratio: 1:4 Initial Payment on Application: ₹3.80 Balance Amount: ₹11.40

Consequences of Non-Payment

The company has outlined specific consequences for shareholders who fail to make the second call payment by the due date. These include interest charges and potential forfeiture of shares.

Key consequences include:

Interest at 10.00% per annum on delayed payments beyond April 21, 2026

Right to deduct outstanding amounts from future dividend payments

Potential forfeiture of partly paid-up equity shares, including amounts already paid

Trading Suspension and Contact Information

Trading of the ₹5.00 partly paid-up equity shares has been suspended on the stock exchange with effect from March 18, 2026, due to the second call. The company has provided comprehensive support for shareholders through its registrar and transfer agent, Bigshare Services Private Limited.

Shareholders can access the second call notice and related documents on the company's website at www.ehrlindia.in or the registrar's website at www.bigshareonline.com . For queries, shareholders can contact +91 022 62638200 during business hours or email rightsissue@bigshareonline.com .

Eco Hotels & Resorts Limited's Executive Chairman Vinod Kumar Tripathi has acquired additional equity shares of the company through an open market transaction. The acquisition was formally disclosed to BSE Limited under regulatory compliance requirements on March 20, 2026.

Share Acquisition Details

Tripathi purchased 15,302 equity shares of Eco Hotels and Resorts Limited on March 20, 2026, through open market transactions. The acquisition represents 0.03% of the company's total share capital and voting rights.

Transaction Details: Information Shares Acquired: 15,302 equity shares Transaction Date: March 20, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.03%

Shareholding Pattern Changes

The transaction resulted in changes to Tripathi's overall shareholding in the company. His total holding increased from 2,830,435 shares to 2,845,737 shares, representing a marginal increase in his ownership percentage.

Shareholding Comparison: Before Acquisition After Acquisition Change Total Shares Held: 2,830,435 2,845,737 +15,302 Percentage Holding: 4.61% 4.64% +0.03% Voting Rights: 4.61% 4.64% +0.03%

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tripathi, who serves as Executive Chairman and Whole-Time Director, does not belong to the promoter or promoter group of the company.

Company Share Capital Structure

Eco Hotels and Resorts Limited maintains a total equity share capital of 61,391,440 shares, which remained unchanged following this transaction. The company's shares are listed on BSE Limited under security code 514402.

Tripathi's current shareholding comprises 2,497,337 fully paid equity shares and 333,098 partly paid rights issue equity shares, totaling 2,845,737 equity shares with corresponding voting rights.

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