Further to the in-principle approval received from BSE Limited vide its letter dated January 30, 2026, for the proposed Rights Issue of the Company, we hereby inform you that the Board ....
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Suryo Foods & Industries Ltd has finalised the terms of its proposed Rights Issue after receiving in-principle approval from BSE. The company will issue 29,70,000 fully paid-up equity shares of ₹10 face value at an issue price of ₹20 per share (including a ₹10 premium), raising up to ₹5.94 crores assuming full subscription. The rights entitlement ratio is 3 rights shares for every 4 shares held, with the record date set as Wednesday, 11th February 2026. The issue opens on 19th February 2026 and closes on 6th March 2026. Post-issue, the company's equity share count will increase from 39,60,000 to 69,30,000 shares.
Eligible shareholders as of the record date (11th February 2026) will receive rights entitlements and can either subscribe, partially subscribe, or renounce their rights. Existing shareholders will need to invest additional capital to maintain their proportional holding, and dilution of approximately 43% is expected if fully subscribed. The issue price is at a 100% premium to face value, though the effective cost relative to market price will determine shareholder response.