to updateUrja Global will make the second and final payment for the partially paid shares. The Company has set December 30, 2021 as the standard date for the purpose of ascertaining the holders of the partially paid shares to whom notice of the final call will be sent. You can check out the company’s announcement here.
As a result, Urja Global’s partially paid-out shares will be suspended from trading on exchanges from December 29, 2021, and you will not be able to see these holdings on Kite.
| Events schedule | |
|---|---|
| to push | 2.5 rupees per share |
| Call pay period | January 11, 2022 to January 25, 2022 |
| Personalization and menu | Within 2 to 3 weeks of the last date of payment |
How do I make a push call
You can make payment via calls through the following modes:
- Through the registrar’s website and transfer agent. The website may not be completely live until the call payment window opens.
- Netbanking ASBA: Through SCSB’s website.
- Physical ASBA: By submitting a physical application to the designated branch of SCSB.
- Check / demand draft.
What will happen if I do not pay for the call?
If you fail to pay the call money, the partially paid shares may be forfeited (the existing Urja Global PP shares you hold will be worthless and will not be traded on exchanges because the Company will allocate new shares under a different ISIN). The company may also charge interest on the amount you owe.
to update: Urja Global has set September 23, 2021 as the standard date for the purpose of ascertaining the holders of Partially Paid Shares to whom the first call notice will be sent. You can check out the company’s announcement here.
As a result, Urja Global’s partially paid-out shares will be suspended from trading on exchanges from September 22, 2021, and you will not be able to see these holdings on Kite.
| Events schedule | |
|---|---|
| to push | 1.25 rupees per share |
| Call pay period | October 4, 2021 until October 18, 2021 |
| Personalization and menu | Within 2 to 3 weeks of the last date of payment |
What are the payment methods?
You can make payment via calls through the following modes:
- Netbanking ASBA: Through SCSB’s website.
- Physical ASBA: By submitting a physical application to the designated branch of SCSB.
- Check / demand draft.
You can also make the payment through the registrar’s website and transfer agent. The website may not be completely live until the call payment window opens.
What will happen if I do not pay for the call?
If you fail to pay the call money, the partially paid shares may be forfeited (the existing Urja Global PP shares you hold will be worthless and will not be traded on exchanges because the Company will allocate new shares under a different ISIN). The company may also charge interest on the amount you owe. For more information, you can check out this FAQ.
Urja Global will issue Rights to Benefit (RE’s) to anyone who holds its shares as on the registration date of January 15, 2021.
These commodities will be temporarily traded on exchanges and then put out. You can either use the RE to apply for Urja Global rights shares or you can sell them in the market. You can check out the company’s announcement here.
| Case details | |
|---|---|
| previous date | January 14, 2021 |
| date of registration | January 15 2021 |
| Rate | 7:71 |
| Issue price | Rs 5 |
| Release period | From January 25, 2021 to February 10, 2021 |
| RE . trading period | From January 25, 2021 to February 5, 2021 |
| Initial date of customization | February 18, 2021 |
| Initial date of listing | February 22, 2021 |
| a program | face value | excellent | sum |
|---|---|---|---|
| on the app | 0.25 | 1 | 1.25 |
| One or more consecutive calls | 0.75 | 3 | 3.75 |
| sum | 1 | 4 | 5 |
Once you have obtained RE’s from the company or purchased them from the market, you can apply for the rights shares using the Netbanking ASBA or offline by submitting the application form or plain paper application to the designated branch of the SCSB (Self Certification Syndicate Bank). You can check out the process in this post.
You will need to enter the beneficial owner ID of your demat account which is a 16-digit number while applying through Netbanking ASBA.
If you are experiencing any difficulties in applying for a rights issue, you can contact the RTA regarding the Alankit Assignments Limited issuance at
011 42541955 or at: [email protected]