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Calsoft to Convert 81.55 Lakh Shares to Fully Paid-up Following ₹6.11 Cr Call Money Collection
California Software Company Limited (Calsoft) has reported the collection of ₹6.11 crore as the first and final call money for 81,55,826 partly paid-up shares. This represents a collection rate of approximately 17.6% of the total 4.63 crore shares issued during the Rights Issue. The company is now initiating the process to convert these paid shares into fully paid-up equity shares of ₹10 face value. However, a substantial 3.82 crore shares remain partly paid-up, with the collection period being extended by the Board.
Key Highlights
Collected ₹6,11,68,695 in call money at ₹7.50 per share for 81,55,826 shares.
Approximately 82.4% of the rights issue shares (3,82,15,492 shares) remain unpaid as of the reporting date.
The Audit Committee has been designated as the Monitoring Committee to oversee fund utilization and regulatory compliance.
Conversion of the 81.55 lakh shares to fully paid-up status is subject to approvals from NSE, BSE, NSDL, and CDSL.
💼 Action for Investors
Investors should exercise caution as the low initial collection rate (17.6%) on the call money suggests potential liquidity risks or lack of shareholder participation. Monitor future updates regarding the collection of the remaining ₹28.66 crore and how the company manages the extended payment period.
CALSOFT Converts 81.55 Lakh Partly Paid-up Shares to Fully Paid-up Following ₹6.12 Cr Receipt
California Software Company Limited (CALSOFT) has successfully reconciled its First and Final Call Money, receiving a total of ₹6.12 crore. The Board has approved the conversion of 81,55,826 partly paid-up equity shares into fully paid-up equity shares with a face value of ₹10 each. To ensure proper governance, the Audit Committee has been designated as the Monitoring Committee to oversee the utilization of these Rights Issue proceeds. This step completes the capital infusion process for these shares, pending final regulatory and depository approvals.
Key Highlights
Received ₹6,11,68,695 as First and Final Call Money for 81,55,826 shares
Approved conversion of 81,55,826 partly paid-up shares into fully paid-up equity shares
Audit Committee designated as the Monitoring Committee for Rights Issue fund oversight
Conversion is subject to final approvals from Stock Exchanges and Depositories
💼 Action for Investors
Investors holding partly paid-up shares will see them transition to fully paid-up status, improving liquidity for those holdings. Monitor the company's future disclosures regarding the deployment of the ₹6.12 crore raised.
CALSOFT Q3 Net Profit Jumps to ₹1.01 Cr; Auditors Issue Severe Qualified Opinion
California Software reported a standalone net profit of ₹100.80 lakhs for Q3 FY26, a significant increase from ₹20.42 lakhs in the previous year. Revenue grew to ₹254.04 lakhs, up from ₹131.09 lakhs YoY. Despite the growth, auditors raised critical concerns regarding ₹2,307.39 lakhs in unverified trade receivables and the absence of a fixed asset register. The report also highlights unreconciled tax assets and discrepancies in opening balances, casting doubt on the reliability of the financial statements.
Key Highlights
Standalone Q3 revenue increased 93.8% YoY to ₹254.04 lakhs.
Net profit surged to ₹100.80 lakhs in Q3 FY26 from ₹20.42 lakhs in Q3 FY25.
Auditors flagged ₹2,307.39 lakhs in trade receivables lacking adequate credit loss provisions, which is significantly higher than annual revenue.
Fixed asset register for ₹218.26 lakhs was unavailable for auditor verification, limiting assessment of asset existence.
Opening balances for current assets and reserves differ from previous audited statements without supporting evidence.
💼 Action for Investors
Investors should exercise extreme caution as the audit qualifications suggest significant risks regarding asset valuation and financial reporting integrity. The massive trade receivables relative to revenue indicate potential liquidity issues and poor collection quality.
Calsoft Announces ₹7.50 First and Final Call for Partly Paid-up Equity Shares
California Software Company Limited (Calsoft) has issued a notice for the first and final call of ₹7.50 per partly paid-up equity share to complete its rights issue process. Shareholders who previously paid ₹2.50 during the application phase must now pay the balance to make the shares fully paid-up. The payment window is set from February 16, 2026, to March 02, 2026. Failure to complete the payment will result in a 10% per annum interest penalty or the potential forfeiture of the shares and the initial investment.
Key Highlights
Final call amount of ₹7.50 per share due to make equity shares fully paid-up at ₹10.00 face value.
Payment period is scheduled from Monday, February 16, 2026, to Monday, March 02, 2026.
Record date for determining eligible partly paid-up shareholders was February 05, 2026.
Non-payment attracts 10% per annum interest and risks forfeiture of the ₹2.50 already paid per share.
Trading of partly paid-up shares (ISIN: IN9526B01012) has been suspended effective February 05, 2026.
💼 Action for Investors
Investors holding partly paid-up shares must ensure they pay the ₹7.50 call money by March 02, 2026, via ASBA or designated bank branches to avoid forfeiture of their initial investment. Monitor the company's website or contact the RTA for specific payment slips and instructions.
CALSOFT Sets Feb 05, 2026 as Record Date for First and Final Call on Partly Paid Shares
California Software Company Limited (CALSOFT) has announced February 05, 2026, as the record date for the First and Final Call on its partly paid-up equity shares. This decision follows the Board of Directors meeting held on January 31, 2026. The call is intended to collect the remaining unpaid capital from eligible shareholders to convert partly paid shares into fully paid-up equity. Shareholders appearing on the register as of the record date will be liable to pay the call money.
Key Highlights
Record Date for First and Final Call fixed as Thursday, February 05, 2026
Board of Directors approved the call in a meeting held on January 31, 2026
The action pertains to determining eligible holders of partly paid-up equity shares
Compliance maintained under Regulation 42 of SEBI (LODR) Regulations, 2015
💼 Action for Investors
Investors holding partly paid-up shares of CALSOFT should prepare for the upcoming cash outflow and ensure payment of the call money by the deadline to avoid share forfeiture. Monitor the company's subsequent notices for the exact call amount and payment window.
Calsoft to Suspend Trading of Partly Paid-up Shares for Final Call; Record Date Feb 05, 2026
California Software Company Limited (CALSOFT) has announced the First and Final Call for its partly paid-up equity shares issued during its previous Rights Issue. The Board of Directors has fixed February 05, 2026, as the Record Date to identify shareholders liable to pay the call money. As a result, trading in the partly paid-up shares under ISIN IN9526B01012 will be suspended after trading hours on the Record Date. This is a mandatory step to facilitate the conversion of these instruments into fully paid-up equity shares.
Key Highlights
Board approved the First and Final Call on partly paid-up equity shares on January 31, 2026
Record Date for the call payment eligibility is set for February 05, 2026
Trading suspension for ISIN IN9526B01012 effective from February 05, 2026, after market hours
The move follows the company's previous capital raising through a Rights Issue
💼 Action for Investors
Holders of partly paid-up shares should ensure they have sufficient funds to pay the final call money to avoid potential forfeiture of shares. Investors should watch for the formal call notice detailing the specific payment amount and window.
Calsoft Sets Feb 5, 2026, as Record Date for Final Call on Partly Paid Shares
California Software Company Limited (CALSOFT) has announced February 05, 2026, as the record date for the first and final call on its partly paid-up equity shares. This follows the Board of Directors' approval during their meeting on January 31, 2026. Shareholders holding partly paid shares on this record date will be obligated to pay the remaining balance to convert them into fully paid-up shares. This is a crucial step in the company's capital raising process initiated earlier.
Key Highlights
Record date for the first and final call is fixed as Thursday, February 05, 2026.
The Board of Directors approved the call in a meeting held on January 31, 2026.
The call is applicable to all eligible holders of partly paid-up equity shares.
Purpose is to determine eligibility for the final payment required to make shares fully paid-up.
Failure to pay the call money within the stipulated time may result in the forfeiture of shares.
💼 Action for Investors
Investors holding partly paid shares should prepare for a cash outflow to meet the call money requirement. Ensure payment is made within the upcoming timeline to avoid the risk of share forfeiture.
Calsoft Board Approves ₹7.50 Final Call on Partly Paid Shares; Record Date Feb 05
California Software Company Limited has announced the first and final call of ₹7.50 per share for its outstanding partly paid-up equity shares. This call follows the rights issue initiated in early 2025 to complete the capital collection process. The company has set February 05, 2026, as the record date to identify eligible shareholders. Investors must pay the call amount by February 27, 2026, to convert their holdings into fully paid-up shares. Trading of the partly paid shares will be suspended starting from the record date.
Key Highlights
Board approved a final call of ₹7.50 per partly paid-up equity share
Record date for determining eligible shareholders is fixed for February 05, 2026
Payment period for the call money ends on February 27, 2026
Trading in partly paid-up shares (ISIN IN9526B01012) will be suspended from the record date
💼 Action for Investors
Holders of partly paid shares must pay the ₹7.50 call amount by February 27 to avoid the risk of share forfeiture. Ensure your bank account is linked for ASBA or follow the payment instructions in the forthcoming call notice.