We are submitting herewith the extracts of the newspaper publication of the advertisement which was published today i.e. Tuesday, March 10, 2026 in compliance with Regulation 92(1) of SEBI(ICDR) ....
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Suryo Foods & Industries Ltd has completed its Rights Issue of 29,70,000 equity shares at Rs. 20 per share (face value Rs. 10 + premium Rs. 10), aggregating up to Rs. 594 lakhs, in the ratio of 3 rights shares for every 4 held. The issue opened on February 19, 2026 and closed on March 6, 2026, receiving 104.44% subscription with 90 valid applications for 31,01,761 shares. Out of 215 total applications for 31,34,886 shares, 125 applications for 33,125 shares were rejected on technical grounds, and all valid applicants received full allotment with no shares kept in abeyance. The Board approved the allotment on March 9, 2026, and the basis of allotment advertisement was published on March 10, 2026 in Financial Express, Jansatta, and The Dinalipi newspapers. Trading in the newly allotted fully paid-up equity shares is expected to commence on BSE on March 11, 2026.
The rights issue was modestly oversubscribed at 104.44%, signalling decent investor interest, and the new shares will start trading on BSE from March 11, 2026, which may lead to mild dilution and short-term price adjustment based on market demand.