Record date for right issue of Equity Shares.
Price
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Suraj Industries is launching a rights issue of up to about Rs. 119.70 crore, issuing up to roughly 2.99 crore partly paid-up equity shares at Rs. 40 each (Rs. 10 face value + Rs. 30 premium). Existing shareholders will get 21 rights shares for every 13 shares they hold, meaning the share count could grow from about 1.85 crore to 4.85 crore if fully subscribed. Only Rs. 10 per share (the application money) is to be paid upfront, and the remaining Rs. 30 per share will be called later by the Board. The record date has been fixed as Monday, October 13, 2025, and the issue will open on October 23, 2025 and close on November 7, 2025.
Shareholders must hold shares by the October 13 record date to receive the rights entitlement. Because the shares are partly paid-up, the immediate cash outlay is small, but if the issue is fully subscribed, the total share count will expand by about 2.6 times, which can be dilutive and may pressure the stock price if many investors do not subscribe.