Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'), we wish to inform you that the Board of Directors ....
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The Board of Directors of Suryo Foods & Industries Ltd, at its meeting held on 11 December 2025, approved raising funds through a Rights Issue of equity shares (face value ₹10 each) for an amount not exceeding ₹600 lakhs. The issue will be offered to eligible equity shareholders as on a record date that will be notified later. The Board also approved the draft letter of offer, which will be filed with BSE for in-principle approval, and appointed various agencies including the Registrar to the Issue, Banker to the Issue, and Monitoring Agency. A Rights Issue Committee has been constituted to decide final terms such as issue price, entitlement ratio, record date, and timing. The issue will be carried out under the Companies Act, 2013 and SEBI ICDR Regulations, 2018, subject to necessary approvals.
This is a fund-raising move that will lead to equity dilution for existing shareholders, though it also gives them the right to subscribe to their proportionate share at a price typically lower than the market. Short-term share price may face pressure, while shareholders will need to watch for the record date and terms once announced.