Forfeiture of 1,37,972 Equity Shares of Suraj Industries Ltd. (Scrip Code: 526211)

Description

BSE notifies trading members that Suraj Industries Ltd. has forfeited 1,37,972 partly paid-up equity shares of Rs. 10/- each due to non-payment of allotment/call monies.

Summary

BSE Notice No. 20260511-47 dated 11 May 2026 informs trading members that Suraj Industries Ltd. (Scrip Code: 526211) has forfeited 1,37,972 equity shares of Rs. 10/- each. These shares were partly paid-up and were forfeited on account of non-payment of allotment/call monies by the respective shareholders.

Key Points

• Suraj Industries Ltd. (BSE Scrip Code: 526211) has forfeited 1,37,972 equity shares of face value Rs. 10/- each.
• The forfeited shares were partly paid-up and not fully subscribed/paid.
• Forfeiture is due to non-payment of allotment/call monies by the concerned shareholders.
• Distinctive numbers of the forfeited shares are listed in Annexure-I (attachment: Shares_DNR_SIL_Forfeiture).
• Notice issued by the Listing Operations Department of BSE.

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under existing BSE listing and operations guidelines for forfeiture of partly paid-up equity shares.

Compliance Requirements

• Trading members are informed and should update their records accordingly.
• Members holding or dealing in partly paid-up shares of Suraj Industries Ltd. should verify the distinctive numbers against Annexure-I to identify affected shares.
• No further action required from trading members unless they are holding or managing positions in the affected shares.

Important Dates

• Notice Date: 11 May 2026
• Notice Number: 20260511-47

Impact Assessment

The forfeiture affects 1,37,972 partly paid-up equity shares of Suraj Industries Ltd. and is limited in market impact. Shareholders who held these partly paid shares and failed to pay allotment/call monies lose their entitlement and investment in these shares. The total paid-up equity capital of the company is reduced by the forfeited shares. Broader market impact is minimal as this is a routine corporate action confined to non-paying shareholders of a specific scrip.

Impact Justification

Routine corporate action affecting a limited number of partly paid-up shares due to non-payment; no systemic market impact, but relevant to holders of partly paid Suraj Industries shares.