Suryo Foods and Industries Limited has proposed a rights issue of 29,70,000 fully paid-up Equity Shares of the face value of Rs. 10/- each for an aggregate amount not exceeding Rs. 594 ....
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Suryo Foods & Industries Limited has announced a rights issue of up to 29,70,000 fully paid-up equity shares of face value Rs. 10/- each at an issue price of Rs. 20/- per share (including a premium of Rs. 10/-), aggregating up to Rs. 594 lakhs. Eligible shareholders can subscribe in the ratio of 3 rights shares for every 4 fully paid-up equity shares held as on the record date of Wednesday, February 11, 2026. The issue opens on February 19, 2026 and closes on March 6, 2026, with the shares proposed to be listed on BSE (Scrip Code: 519604). The proceeds are intended to be used for purposes disclosed in the Letter of Offer, and India Ratings and Research Private Limited has been appointed as the monitoring agency. Promoters of the company are Amarendra Dash, H S Sandhu, and Suryo Udyog Limited.
Existing shareholders will receive rights entitlements in their demat accounts and can choose to subscribe, renounce, or let them lapse by the closing date. If shareholders do not participate, their effective holding will be diluted, though the issue is being offered at a premium of Rs. 10/- over face value. Investors should review the stated objects of the issue and risk factors before subscribing.