International Securities Identification Number ("ISIN") for the purpose of credit of the Rights Entitlements of Suraj Industries Ltd.
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Awaiting price reaction for this filing.
Suraj Industries Ltd has obtained ISINs from the depositories for its upcoming rights issue. ISIN INE170U20029 has been allotted for the Rights Entitlements to be credited to eligible shareholders' demat accounts. A separate ISIN (IN9170U01027) has been obtained for the partly paid-up equity shares, which carry a face value of Rs. 10 but with a paid-up value of Rs. 2.5 per share, meaning shareholders pay only 25% upfront with the balance payable later. A temporary ISIN (IN8170U01036) is also in place while listing/trading approval for these partly paid-up shares is awaited from the exchange.
This is a procedural/intimation filing confirming ISIN allocation for an already announced rights issue. Existing eligible shareholders as on the record date will see Rights Entitlements credited to their demat accounts, giving them the opportunity to participate in the rights issue at the offered terms.