The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rams Assorted Cold Storage Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 5.4 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ram's Assorted Cold Storage Ltd (RASCL), a member of the promoter group of Suryo Foods & Industries Ltd, has disclosed an acquisition of 14,29,914 equity shares through subscription to a Rights Issue. The shares were allotted on March 9, 2026 at ₹20 per share (face value ₹10 + ₹10 premium). As a result, RASCL's holding in Suryo Foods increased from 15,000 shares (0.38%) to 14,44,914 shares (20.85%). The company issued 29,70,000 equity shares under the rights issue, expanding its share capital from ₹3.96 crore (39.6 lakh shares) to ₹6.93 crore (69.3 lakh shares). This is a substantial increase in promoter group exposure via primary issuance rather than secondary market purchase.
The promoter group has strengthened its commitment in the company by subscribing to the rights issue, raising its stake to 20.85%. The dilution for non-promoter shareholders is significant as the share base nearly doubled, but promoter confidence through a primary infusion is generally viewed as a positive signal.