Suryo Foods & Industries Announces ₹594 Crore Rights Issue with February 11, 2026 Record Date

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Key Highlights

Suryo Foods & Industries Limited has announced terms for its ₹594 crore rights issue following board approval on February 5, 2026. The issue comprises 29.70 lakh equity shares priced at ₹20 each with a 3:4 rights ratio. The record date is set for February 11, 2026, with the issue opening on February 19, 2026, and closing on March 6, 2026.

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Suryo Foods & Industries Limited has finalized the terms of its rights issue following board approval on February 5, 2026. The company received in-principle approval from BSE Limited on January 30, 2026, paving the way for this equity fundraising initiative.

Rights Issue Structure and Pricing

The rights issue comprises 29.70 lakh fully paid-up equity shares with a face value of ₹10 each. The company has set the issue price at ₹20 per share, including a premium of ₹10 per share.

Parameter: Details
Total Shares: 29.70 lakh equity shares
Face Value: ₹10 per share
Issue Price: ₹20 per share
Premium: ₹10 per share
Total Issue Size: ₹594 lakhs
Rights Ratio: 3:4

Eligibility and Rights Entitlement

Shareholders holding equity shares as on the record date of February 11, 2026, will be eligible to participate in the rights issue. The rights entitlement ratio has been set at 3 rights equity shares for every 4 fully paid-up equity shares held by eligible shareholders.

Rights Entitlements will be credited to shareholders' demat accounts under ISIN INE565E20016 prior to the issue opening date. The company has coordinated with NSDL and CDSL for the credit process.

Issue Timeline and Trading Schedule

The rights issue will commence on February 19, 2026, and conclude on March 6, 2026. Shareholders will have multiple options for renunciation during the issue period.

Event: Date
Record Date: February 11, 2026
Issue Opening: February 19, 2026
On Market Renunciation Closure: March 2, 2026
Off Market Renunciation Deadline: March 5, 2026
Issue Closing: March 6, 2026

Share Capital Impact

The rights issue will significantly expand the company's equity base upon full subscription. The outstanding equity shares will increase from 39.60 lakh shares to 69.30 lakh shares, representing a substantial expansion in the company's share capital.

Equity Shares: Count
Pre-Rights Issue: 39.60 lakh shares
Post-Rights Issue: 69.30 lakh shares
Increase: 29.70 lakh shares

Rights Entitlement holders must submit applications with full payment by the issue closing date to receive allotment. Unutilized rights entitlements will lapse without allotment. The board retains the right to extend the closing date, subject to a maximum issue period of 30 days from the opening date.

Historical Stock Returns for Suryo Foods & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.36%0.0%0.0%+4.02%-13.29%0.0%
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