Description

Trading suspended in partly paid equity shares of Suraj Industries Limited from January 27, 2026 due to record date for first call payment on rights equity shares.

Summary

BSE has notified trading members that Suraj Industries Limited (Scrip Code 890226) has fixed January 27, 2026 as the record date to determine holders of partly paid-up equity shares eligible to receive call notice for the first call payment on rights equity shares. Trading members are advised not to deal in the partly paid equity shares of the company from January 27, 2026 (Settlement No. DR-806/2025-2026).

Key Points

  • No dealings permitted in partly paid equity shares of Suraj Industries Limited (Scrip Code 890226)
  • Record date fixed: January 27, 2026
  • No dealings start date: January 27, 2026
  • Settlement number: DR-806/2025-2026
  • First call amount: Rs. 10 per share (Rs. 2.50 face value + Rs. 7.50 securities premium)
  • Purpose: To ascertain shareholders eligible to pay the first call on rights equity shares

Regulatory Changes

No regulatory framework changes. This is a company-specific corporate action requiring temporary trading suspension in partly paid equity shares.

Compliance Requirements

  • Trading members must cease all dealings in partly paid equity shares of Suraj Industries Limited from January 27, 2026
  • Trading members must inform their clients holding partly paid equity shares about the trading suspension
  • Eligible shareholders will receive call notice for payment of first call amount

Important Dates

  • Notice Date: January 22, 2026
  • Record Date: January 27, 2026
  • No Dealings From: January 27, 2026
  • Settlement Number: DR-806/2025-2026

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity for holders of partly paid equity shares of Suraj Industries Limited. Shareholders cannot exit positions from the no-dealings date.

Operational Impact: Trading members must update their systems to block trading in scrip code 890226 (partly paid shares) and communicate the suspension to affected clients. Eligible shareholders must prepare for first call payment of Rs. 10 per share.

Impact Justification

Complete suspension of trading in partly paid equity shares effective immediately affects all holders and requires urgent attention from trading members.