Reliance Industries Ltd. will be making first call for the partly-paid shares and has fixed May 12, 2021 as record date to ascertain the shareholders to whom the first call notice will be sent.
As a result, w.e.f May 11, 2021 the partly-paid shares of Reliance will be suspended from trading on the exchanges and you will not be able to see this holdings on Kite. You can check the announcement from the company here.
|Payment||₹ 314.25 per share|
|Call Payment Period||May 17, 2021 to May 31, 2021|
|Allotment & Listing||Within two weeks from last day of the payment|
How do I make call payment?
You can make call payment through the following modes:
- R-WAP: Through the website of the Registrar and Transfer agent .
- 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.
Here is the list of SCSB’s (Self Certified Syndicate Bank) through which you can make call payment.
What will happen if I don’t make call payment?
The partly paid shares may be forfeited (the current Reliance PP shares you hold will be worthless and will not trade on exchanges as company will allot new partly-paid shares under different ISIN) if you fail to pay the call money. The company may also levy interest on the amount you owe.
For more information you can refer to the first call notice here.
In case you face difficulties making call payment, you can reach out to the company RTA at 1800 892 9999 or email them at [email protected].