Description

BSE activates Call Money Module for first call on partly paid-up equity shares of Suraj Industries Limited, with Rs. 10 per share payable during February 2-16, 2026.

Summary

BSE has activated the Call Money Module on its IBBS platform for Suraj Industries Limited to collect the first call money payment on partly paid-up equity shares. Shareholders holding 2,99,25,394 partly paid-up equity shares must pay Rs. 10 per share during the issue period from February 2-16, 2026. The process will be managed through Self-Certified Syndicate Banks (SCSBs) and Trading Members with 3-in-1 accounts.

Key Points

  • First call money notice issued for Suraj Industries Limited partly paid-up equity shares
  • Total shares affected: 2,99,25,394 partly paid-up equity shares
  • Call money amount: Rs. 10 per share
  • Security symbol: SURAJCM with market lot of 1
  • Bidding hours: 10:00 AM to 5:00 PM daily during issue period
  • Registrar: Beetal Financial & Computer Services Private Limited
  • Process aligned with SEBI circular dated December 8, 2020 and BSE notice dated January 4, 2021

Regulatory Changes

No new regulatory changes introduced. This notice implements existing framework under:

  • BSE Exchange notice no. 20210104-37 dated January 4, 2021
  • SEBI circular dated December 8, 2020 regarding Call Money Module procedures

Compliance Requirements

For Trading Members and SCSBs:

  • Submit call money notice details through IBBS Call Money Module
  • Collect payments from shareholders during the specified issue period
  • Ensure compliance with bidding timelines and procedures

For Shareholders:

  • Pay Rs. 10 per partly paid-up equity share held
  • Submit payment through authorized SCSBs or Trading Members with 3-in-1 accounts
  • Complete payment within the issue period to avoid potential consequences

For Intermediaries:

  • Note the activation of Call Money Module for this specific issue
  • Facilitate shareholder participation as required

Important Dates

  • Notice Date: January 29, 2026
  • Issue Opening Date: Monday, February 2, 2026
  • Issue Closing Date: Monday, February 16, 2026
  • Issue Period: 15 days
  • Bidding Hours: 10:00 AM to 5:00 PM (each business day)

Impact Assessment

Shareholder Impact: Shareholders of Suraj Industries Limited holding partly paid-up shares must arrange Rs. 10 per share payment. For investors holding significant quantities, this represents a material cash outflow requirement. Failure to pay may result in forfeiture of shares or other consequences per company terms.

Market Impact: Limited broader market impact as this affects only specific shareholders of one company. The call money collection is a standard corporate action for partly paid-up shares.

Operational Impact: SCSBs and Trading Members need to activate systems to collect and process call money payments through the IBBS platform during the 15-day window.

Contact Information for Queries:

Impact Justification

Affects shareholders of Suraj Industries Limited holding 2.99 crore partly paid-up shares who must pay the first call amount. Important for specific shareholders but limited broader market impact.