Description

Suraj Industries Limited has fixed record date of 13/10/2025 for rights issue of 21 equity shares for every 13 shares held at Rs.40/- per share.

Summary

Suraj Industries Limited (Scrip Code: 526211) has announced a rights issue with record date of 13th October 2025. Eligible shareholders will receive 21 equity shares of Rs.10/- each for every 13 equity shares held, at an issue price of Rs.40/- per share (including premium of Rs.30/-). Trading in the company’s shares will be on ex-rights basis from 13th October 2025.

Key Points

  • Rights entitlement ratio: 21 equity shares for every 13 shares held
  • Face value: Rs.10/- per equity share
  • Premium: Rs.30/- per share
  • Total issue price: Rs.40/- per share
  • Payment structure: Rs.10/- on application, Rs.30/- on one or more subsequent calls
  • Ex-rights basis trading commences from 13/10/2025
  • Settlement number: DR-734/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure all transactions in Suraj Industries Limited shares are executed on ex-rights basis from 13th October 2025
  • Members should adjust their systems to reflect the ex-rights trading status for scrip code 526211

Important Dates

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

Impact Assessment

Shareholder Impact: Existing shareholders holding shares as on record date will be eligible to subscribe to the rights issue in the ratio of 21:13. The staggered payment structure (Rs.10/- on application and Rs.30/- on calls) provides flexibility to shareholders.

Market Impact: Trading on ex-rights basis from 13th October 2025 will result in theoretical price adjustment to reflect the rights entitlement value. Trading members need to ensure proper handling of ex-rights transactions.

Operational Impact: Minimal - standard rights issue processing for brokers and depositories.

Impact Justification

Standard rights issue affecting existing shareholders with specific entitlement ratio and payment structure