Description

Suraj Industries Limited has fixed the record date as October 13, 2025, for issuing 21 equity shares for every 13 shares held at Rs.40 per share.

Summary

Suraj Industries Limited (BSE Code: 526211) has announced a rights issue of equity shares with the record date set for October 13, 2025. Existing shareholders will be entitled to 21 new equity shares of Rs.10/- each for every 13 equity shares held, at an issue price of Rs.40 per share (including a premium of Rs.30/-). Trading on ex-rights basis will commence from October 13, 2025.

Key Points

  • Company: Suraj Industries Limited (BSE Code: 526211)
  • Entitlement ratio: 21 equity shares for every 13 shares held
  • Face value: Rs.10/- per equity share
  • Premium: Rs.30/- per share
  • Issue price: Rs.40/- per share
  • Payment structure: Rs.10/- on application, Rs.30/- on one or more subsequent calls
  • Ex-rights trading begins: October 13, 2025
  • Settlement number: DR-734/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for a rights issue.

Compliance Requirements

  • Trading members must ensure transactions in Suraj Industries Limited equity shares are conducted on an ex-rights basis from October 13, 2025
  • Members must note the record date and settlement details for proper execution of trades
  • Existing shareholders eligible as per the record date will receive rights entitlement

Important Dates

  • Record Date: October 13, 2025
  • Ex-Rights Date: October 13, 2025
  • Settlement Number: DR-734/2025-2026
  • Circular Date: October 8, 2025

Impact Assessment

This rights issue will impact existing shareholders of Suraj Industries Limited who hold shares as of the record date. Shareholders will have the opportunity to subscribe to additional shares at Rs.40 per share. The ex-rights adjustment will affect the trading price from October 13, 2025. The staggered payment structure (application money and subsequent calls) provides flexibility to subscribers. Trading members need to ensure proper handling of ex-rights transactions to avoid settlement issues.

Impact Justification

Rights issue affects existing shareholders of Suraj Industries Limited with specific entitlement ratio and pricing structure