Description

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

Summary

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

Key Points

  • Type of Issue: First Call on Partly Paid-up Equity Shares
  • Total Shares Affected: 2,99,25,394 partly paid-up equity shares
  • Call Amount: Rs. 10 per partly paid-up equity share
  • Security Symbol: SURAJCM
  • Market Lot: 1
  • Registrar: Beetal Financial & Computer Services Private Limited
  • Process follows SEBI circular dated December 8, 2020 and BSE notice no. 20210104-37 dated January 4, 2021

Regulatory Changes

No new regulatory changes. The process is conducted in accordance with existing Exchange notice no. 20210104-37 dated January 4, 2021 and SEBI circular dated December 8, 2020.

Compliance Requirements

  • Trading Members, SCSBs, and Intermediaries must note the activation of Call Money Module
  • SCSBs and Trading Members with 3-in-1 type accounts must submit details of call money notices collected during the issue period
  • Shareholders holding partly paid-up equity shares must pay Rs. 10 per share during the specified application period

Important Dates

  • Notice Date: January 29, 2026
  • Issue Opening Date: Monday, February 2, 2026
  • Issue Closing Date: Monday, February 16, 2026
  • Bidding Period: 10:00 a.m. to 5:00 p.m. daily
  • Issue Period Duration: 15 days

Impact Assessment

This call money notice directly impacts shareholders of Suraj Industries Limited holding partly paid-up equity shares. Approximately 2.99 crore partly paid shares will require payment of Rs. 10 per share, totaling approximately Rs. 29.93 crore in aggregate. Failure to pay the call amount within the specified period may result in forfeiture of shares as per company law provisions. The notice has limited broader market impact as it is company-specific and relates to existing partly paid shares rather than new issuances.

Impact Justification

Company-specific call money notice affecting 2.99 crore partly paid shares. Impacts shareholders of Suraj Industries Limited who must pay the call amount within specified timeline.