Description

Trading suspended for partly paid equity shares of Suraj Industries Limited from January 27, 2026 to determine shareholders eligible for first call payment of Rs.10 per share.

Summary

BSE has announced a trading suspension for partly paid equity shares of Suraj Industries Limited (Scrip Code: 890226) effective January 27, 2026. The suspension is implemented to determine shareholders eligible to receive call notices for the first call payment on rights equity shares. The first call amount is Rs.10 per share, comprising Rs.2.50 towards face value and Rs.7.50 towards securities premium.

Key Points

  • Trading in partly paid equity shares suspended from January 27, 2026
  • Record date fixed as January 27, 2026
  • First call amount: Rs.10 per share (Rs.2.50 face value + Rs.7.50 securities premium)
  • Settlement number: DR-806/2025-2026
  • Trading members advised not to deal in partly paid equity shares from the specified date
  • Purpose: To ascertain shareholders eligible for first call payment

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure for rights issue call payments.

Compliance Requirements

  • Trading members must not execute any trades in partly paid equity shares of Suraj Industries Limited from January 27, 2026
  • Trading members are required to take note of the suspension and record date
  • Shareholders holding partly paid equity shares as of record date will receive call notices for payment

Important Dates

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

Impact Assessment

Market Impact: High - Complete trading suspension affects liquidity and trading activity for partly paid shares. Shareholders must be aware of the mandatory call payment obligation.

Operational Impact: Trading members must ensure no transactions are executed in the partly paid equity shares from the specified date. Systems and processes need to be updated to prevent inadvertent trading.

Shareholder Impact: Shareholders on record as of January 27, 2026 will be obligated to pay the first call amount of Rs.10 per share to avoid forfeiture of their partly paid shares.

Impact Justification

Trading suspension on partly paid shares affects all shareholders and trading members dealing with Suraj Industries' rights issue shares. First call payment mandatory for shareholders.