Suraj Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/09/2025 ,inter alia, to consider and approve the Rights Issue Committee ....
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Suraj Industries Ltd has informed BSE that its Board had already approved a Rights Issue of partly paid-up equity shares (face value Rs. 10 each) on September 16, 2025. A Rights Issue Committee meeting is now scheduled for September 22, 2025 to finalise the Issue Price, Entitlement Ratio, and other modalities of the Rights Issue. The trading window for insiders is closed until 48 hours after the meeting concludes. No issue size, entitlement ratio, or price has been disclosed yet.
Existing shareholders should expect a potential dilution event as a Rights Issue will require them to contribute additional capital to maintain their holdings. The actual financial impact (favourable or dilutive) will depend on the issue price and entitlement ratio, which are yet to be decided on September 22.