High Ground Enterprise Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 21, 2015, have forfeited 2,88,145 warrants of Rs. 10/- each allotted at Rs. 90/- (including premium of Rs. 80/- per share) allotted by the Board of Directors at their meeting held on April 22, 2014. The above forfeiture of warrants is done as per Regulation 77 of the SEBI (Issue of Capital and Disclosure Requirement) Regulation 2009 for non-payment of amount due on the warrants issued.