Description

Suraj Industries Ltd's 2.99 crore partly paid-up equity shares issued through rights issue will be listed and permitted to trade in 'X' Group from November 13, 2025.

Summary

BSE has announced the listing of 2,99,25,394 partly paid-up equity shares of Suraj Industries Ltd issued through a rights issue. These shares will be listed and permitted to trade in the ‘X’ Group from Thursday, November 13, 2025. The shares have a face value of Rs. 10/- with Rs. 2.50/- paid-up, issued at Rs. 40/- per share with Rs. 10/- paid on application and the balance Rs. 30/- payable on subsequent calls at the Board’s discretion.

Key Points

  • 2,99,25,394 equity shares of Rs. 10/- face value, partly paid-up at Rs. 2.50/- to be listed
  • Scrip Code: 890226, Group: X, Market Lot: 1
  • Scrip ID: SURAJINDPP, ISIN: IN9170U01027
  • Issue Price: Rs. 40/- (Rs. 10/- paid on application, Rs. 30/- payable on future calls)
  • Distinctive Numbers: 18649681 to 48575074
  • Date of Allotment: November 10, 2025
  • Temporary ISIN IN8170U01036 suspended as per SEBI circular requirements
  • Dividend entitlement: Proportionate to the amount paid-up

Regulatory Changes

No new regulatory changes introduced. The circular follows existing SEBI guidelines for activation of ISIN in case of additional issue of shares/securities as per SEBI Circular No. CIR/MRD/DP/21/2012 dated August 02, 2012 and CIR/MRD/DP/24/2012 dated September 11, 2012.

Compliance Requirements

  • Trading members must note the suspension of temporary ISIN No. IN8170U01036
  • Trading members should update their systems with the new scrip details for trading from November 13, 2025
  • Shares will trade in ‘X’ Group with market lot of 1

Important Dates

  • November 10, 2025: Date of Allotment
  • November 11, 2025: Notice Date
  • November 13, 2025: Effective date for listing and commencement of trading

Impact Assessment

This is a company-specific listing event with limited broader market impact. The listing of partly paid-up shares increases the tradable equity of Suraj Industries Ltd by approximately 2.99 crore shares. The classification in ‘X’ Group indicates these are newly listed securities. Investors and traders of Suraj Industries should note that these are partly paid shares with future call obligations (Rs. 30/- remaining), which creates a contingent liability for shareholders. The dividend entitlement being proportionate to paid-up value (Rs. 2.50/-) means shareholders will receive reduced dividends until full payment is made.

Impact Justification

Routine listing notification for partly paid-up shares from rights issue of a specific company. Limited market-wide impact, relevant primarily to shareholders and traders of Suraj Industries Ltd.