In compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,this is to inform you that the Board of Directors of the Company at their ....
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Suryo Foods & Industries' board, at its meeting on 3rd November 2025, approved a Rights Issue of equity shares for an amount not exceeding Rs. 600 lakhs to eligible shareholders, with terms to be decided later. It also took on record the unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025). Revenue from operations for H1 FY26 rose to Rs. 27.52 lakh from Rs. 21.31 lakh a year ago, a ~29% jump, while total comprehensive income improved sharply to Rs. 6.97 lakh from just Rs. 0.13 lakh in H1 FY25. The auditor issued an unqualified limited review report, noting only a reclassification of Rs. 3.67 crore of liabilities from non-current to current.
Shareholders face dilution from the proposed Rights Issue, but the fundraise may be necessary given the company's accumulated losses of ~Rs. 6.44 crore against share capital of Rs. 3.96 crore, indicating negative net worth. Revenue and profit are growing from a very low base, so the stock may remain thinly traded and speculative until the company's financial position stabilises.