First and final call of Rs. 112.93 crore paid on wholly owned subsidiary's partly paid shares
Company paid the first and final call amount of Rs. 112.93 crore to Everest Buildpro Private Limited.
By ScoutQuest · · 1 min read
- Call amount paid
- Rs. 112.93 crore
- Partly paid-up shares turned fully paid-up
- 1,54,150 partly paid-up equity shares of Rs. 10 each
- Stake held before and after
- 100%
What the company informed
Everest Industries Limited has informed the exchanges that it has paid the first and final call amount of Rs. 112.93 crore to Everest Buildpro Private Limited (EBPL), its wholly owned subsidiary. This payment was made following the first and final call notice issued by EBPL.
What changed
- 1,54,150 partly paid-up equity shares of Rs. 10 each of EBPL, held by the company, have converted into fully paid-up equity shares on October 15, 2026.
- Prior to and after this subscription, the company continues to hold 100% of the equity share capital of EBPL.
- There is no change in the shareholding pattern of the subsidiary.
Understanding partly paid-up shares
When shares are issued as partly paid-up, the holder has paid only a part of the amount due at that stage, and the balance is collected later through a call. Once the call amount is paid, those shares become fully paid-up. Here, the parent has paid the balance call amount on the shares it holds in the subsidiary.
Numbers to note
- Call amount paid: Rs. 112.93 crore
- Partly paid-up shares converted into fully paid-up: 1,54,150
- Face value per share: Rs. 10
- Stake held before and after: 100%
What the company says about the disclosure
The company has stated that this disclosure is not mandatorily required and is being made for information and records.
Also from Everest Industries
Committee grants 95,000 stock options at Rs. 460 each under ESOS-2021
22 Oct 2026
Board meeting on October 26, 2026 to consider and approve unaudited Q2 and H1 results
14 Oct 2026
Letter to Physical Shareholders to Complete KYC Details
30 Sep 2026
More numbers
- First and final call amount paid to EBPLRs. 1,12,93,02,900/-
- Partly paid-up equity shares converted into fully paid-up1,54,150
- Face value per equity share of EBPLRs. 10/-
- Company's holding in EBPL before and after the subscription100%
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