Outcome of the Right issue Committee of the Board of Directors of the Company held on January 20,2026.
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Suraj Industries Ltd's Rights Issue Committee approved the First Call of Rs. 10 per share on 2,99,25,394 partly paid-up equity shares (face value Rs. 10 each, with Rs. 2.50 already paid-up) that were allotted on November 10, 2025 under a Rights Issue. Of the Rs. 10 call money, Rs. 2.50 will go towards face value and Rs. 7.50 towards securities premium, totaling approximately Rs. 29.93 crore. The Record Date has been set for January 27, 2026, and shareholders can pay the call money between February 2 and February 16, 2026. Shareholders who fail to pay may have their shares forfeited as per the terms of the Letter of Offer.
Eligible shareholders must pay the First Call money by February 16, 2026 to avoid forfeiture of their partly paid rights shares. Successful payment will increase the paid-up value of each share to Rs. 5 and add securities premium to the company's reserves.