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Calsoft Extends Payment Deadline on Rights Issue Call Money

Story Highlights
  • California Software has extended the payment deadline for its rights issue call, responding to shareholder requests and market liquidity conditions.
  • Investors now have until May 8, 2026 to pay call money with 10% interest accruing from March 2, while partly paid shares remain suspended from trading.
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Calsoft Extends Payment Deadline on Rights Issue Call Money

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California Software Co. Ltd. ( (IN:CALSOFT) ) has provided an announcement.

California Software Company Limited has extended the deadline for payment of the first and final call of ₹7.50 per partly paid-up equity share issued under its rights issue. The move aims to accommodate shareholder requests for more time and reflects the board’s consideration of current market conditions and liquidity constraints.

The revised payment window will run from March 11, 2026 to May 8, 2026, while interest at 10% per annum will accrue on unpaid call money from the original due date of March 2, 2026. The record date of February 5, 2026 remains unchanged, and trading in the partly paid-up shares will stay suspended until the call process is completed, signaling a continued focus on orderly completion of the capital-raising exercise.

More about California Software Co. Ltd.

California Software Company Limited is an Indian information technology company based in Chennai, focusing on software and related IT services. The company is listed on both the National Stock Exchange of India and BSE, giving it access to domestic capital markets and a broad base of public shareholders.

Average Trading Volume: 6,308

Technical Sentiment Signal: Hold

Current Market Cap: 779M INR

See more insights into CALSOFT stock on TipRanks’ Stock Analysis page.

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