Call Notice for payment of First Call on Partly Paid-up Equity Shares issued and allotted on Right basis pursuant to the Letter of Offer dated October 09,2025.
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Suraj Industries Ltd has issued a First Call Notice to shareholders who hold partly paid-up equity shares from its recent rights issue. The company had allotted 2,99,25,394 partly paid-up shares at Rs. 40 each (ratio of 21 rights shares for every 13 held) in November 2025, with only Rs. 10 per share collected initially. Shareholders must now pay the First Call of Rs. 10 per share between February 2 and February 16, 2026, bringing the paid-up amount to Rs. 5 per share. The record date for this call was January 27, 2026, and trading of the partly paid-up shares has been suspended on BSE from the same date. Failure to pay will attract 12% interest per annum and risk of forfeiture of shares, including the amount already paid.
Shareholders holding these partly paid-up shares must arrange payment of Rs. 10 per share by February 16, 2026 to avoid interest charges and potential forfeiture. The stock is currently not tradable until the call money is received and corporate action processing is completed, which may temporarily affect liquidity for these shareholders.