This is furtherance to the meeting of Board of Directors of the Company held on February 5, 2026, approving the offer and issue of Equity Shares of the Company by way of a Rights Issue ....
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Suryo Foods & Industries Ltd has published newspaper advertisements in Financial Express (English), Jansatta (Hindi), and The Dinalipi (Odia) regarding its Rights Issue, in compliance with SEBI ICDR Regulations. The company is offering up to 29,70,000 equity shares of Rs 10 face value at Rs 20 per share (including Rs 10 premium), aggregating up to Rs 594 lakhs, in the ratio of 3 rights shares for every 4 shares held. The record date was February 11, 2026, and rights entitlements were credited to demat accounts on February 12, 2026. The issue opens on February 19, 2026 and closes on March 6, 2026, with last dates for on-market and off-market renunciation being March 2 and March 5, 2026, respectively.
Eligible shareholders must act between February 19 and March 6, 2026 to subscribe to their rights entitlements or renounce them, failing which the entitlements will lapse. Non-participating shareholders will see their stake diluted after the issue. The stock may also face near-term pressure as rights entitlements become tradeable on exchanges.