Description
SURYO FOODS & INDUSTRIES LTD announces rights issue of 3 equity shares for every 4 shares held at Rs. 20 per share (including Rs. 10 premium). Record date: February 11, 2026.
Summary
SURYO FOODS & INDUSTRIES LTD (Scrip Code: 519604) has announced a rights issue with a record date of February 11, 2026. Existing shareholders will be entitled to subscribe to 3 new equity shares for every 4 equity shares held. The issue price is Rs. 20 per share (face value Rs. 10 + premium Rs. 10). Trading in the company’s shares will be conducted on an ex-rights basis from February 11, 2026 (Settlement No. DR-818/2025-2026).
Key Points
- Company: SURYO FOODS & INDUSTRIES LTD (Scrip Code: 519604)
- Rights ratio: 3 equity shares for every 4 equity shares held
- Face value: Rs. 10 per share
- Premium: Rs. 10 per share
- Total issue price: Rs. 20 per share
- Payment: Full amount payable at the time of application
- Record date: February 11, 2026
- Ex-rights date: February 11, 2026
- Settlement number: DR-818/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for a rights issue.
Compliance Requirements
- Trading members must execute all transactions in SURYO FOODS & INDUSTRIES LTD shares on an ex-rights basis from February 11, 2026
- Investors must hold shares as of the record date (February 11, 2026) to be eligible for the rights issue
- Full issue price of Rs. 20 per share must be paid at the time of application submission
Important Dates
- Notice Date: February 6, 2026
- Record Date: February 11, 2026
- Ex-Rights Date: February 11, 2026
- Settlement Number: DR-818/2025-2026
Impact Assessment
Shareholder Impact: Existing shareholders will face potential dilution if they do not participate in the rights issue. The 3:4 ratio represents a 75% rights entitlement, which is relatively favorable. At Rs. 20 per share (including premium), shareholders need to evaluate the offer price against current market price.
Market Impact: The stock will trade ex-rights from February 11, 2026, which typically results in a price adjustment to reflect the dilution effect. Trading members and investors should account for this adjustment in their trading strategies.
Operational Impact: Trading members must ensure their systems are configured to handle ex-rights trading from the specified date. Proper settlement procedures under DR-818/2025-2026 must be followed.
Impact Justification
Standard corporate action affecting existing shareholders of SURYO FOODS & INDUSTRIES LTD with moderate dilution impact (3:4 ratio).