The Board of Directors of Towa Sokki Ltd at its meeting held on March 04, 2015, has discussed and approved the proposal for making partly paid-up shares to fully paid-up shares respectively pursuant to the call monies received upto March 03, 2016 i.e. the due date for receipt of call monies by the Company against the final call payment notice issued.
The Board also approved the forfeiture of 3785300 partly paid-up shares whose call monies were not received upto March 03, 2016 i.e. the due date for receipt of call monies by the Company against the final call payment notice issued.