Update: Urja Global will be making second and final call payment for the partly-paid shares. The company has fixed December 30, 2021, as the record date for the purpose of ascertaining the holders of partly paid-up equity shares to whom the final call notice would be sent. You can check the announcement from the company here.
As a result, the partly-paid shares of Urja Global will be suspended from trading on exchanges with effect from December 29, 2021, and you will not be able to see this holdings on Kite.
| Event Schedule | |
|---|---|
| Payment | ₹ 2.5 per share |
| Call Payment Period | January 11, 2022 to January 25, 2022 |
| Allotment & Listing | Within 2 to 3 weeks from the last date of payment |
How do I make the call payment
You can make call payment through the following modes:
- Through the website of the website of the Registrar and Transfer agent. The website might not be fully live until the call-payment window opens.
- Netbanking ASBA: Through the website of the SCSB’s.
- Physical ASBA: By submitting a physical application to the Designated Branch of SCSB’s.
- Cheque / Demand Draft.
What will happen if I don’t make the call payment?
If you fail to pay the call money the partly paid shares may be forfeited (the current Urja Global PP shares you hold will be worthless and will not trade on exchanges as the company will allot new shares under different ISIN). The company may also levy interest on the amount you owe.
Update: Urja Global has fixed September 23, 2021, as the record date for the purpose of ascertaining the holders of partly paid-up equity shares to whom the first call notice would be sent. You can check the announcement from the company here.
As a result, the Partly Paid shares of Urja Global will be suspended from trading on exchanges with effect from September 22, 2021, and you will not be able to see this holdings on Kite.
| Event Schedule | |
|---|---|
| Payment | ₹ 1.25 per share |
| Call Payment Period | October 4, 2021 to October 18, 2021 |
| Allotment & Listing | Within 2 to 3 weeks from the last date of payment |
What are the modes for payment?
You can make call payment through the following modes:
- Netbanking ASBA: Through the website of the SCSB’s.
- Physical ASBA: By submitting a physical application to the Designated Branch of SCSB’s.
- Cheque / Demand Draft.
You can also make payment through the website of the Registrar and Transfer agent. The website might not be fully live until the call-payment window opens.
What will happen if I don’t make the call payment?
If you fail to pay the call money the partly paid shares may be forfeited (the current Urja Global PP shares you hold will be worthless and will not trade on exchanges as the company will allot new shares under different ISIN). The company may also levy interest on the amount you owe. For more information, you can check out this FAQ.
Urja Global will issue Right Entitlements (RE’s) to anyone who holds its shares as on record date January 15, 2021.
These RE’s will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the RE’s to apply for the rights shares of Urja Global or you can sell them in the market. You can check the announcement from the company here.
| Issue Details | |
|---|---|
| Ex-Date | January 14, 2021 |
| Record Date | January 15, 2021 |
| Ratio | 7:71 |
| Issue Price | ₹ 5 |
| Issue Period | January 25, 2021 to February 10, 2021 |
| RE Trading Period | January 25, 2021 to February 5, 2021 |
| Tentative Date of Allotment | February 18, 2021 |
| Tentative Date of Listing | February 22, 2021 |
| Schedule | Face Value | Premium | Total |
|---|---|---|---|
| On Application | 0.25 | 1 | 1.25 |
| One or more subsequent Calls | 0.75 | 3 | 3.75 |
| Total | 1 | 4 | 5 |
How to apply for Urja Global Rights Issue?
Once you either receive the RE’s from the company or purchase it from the market, you can apply for the rights shares using Netbanking ASBA or offline by submitting the Application Form or plain paper application to the Designated Branch of the SCSB (Self Certificate Syndicate Bank). You can check the process in this post.
You will need to enter your demat account’s Beneficiary Owner ID which is a 16-digit number while applying through Netbanking ASBA.
In case you’re facing any difficulties applying for Rights Issue, you can get in touch with the RTA to the issue Alankit Assignments Limited at
011 42541955 or at: [email protected]
