Suryo Foods Reschedules Rights Issue Board Meeting to January 9, 2026

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Key Highlights

Suryo Foods & Industries Limited has rescheduled its Board meeting from January 2 to January 9, 2026, to determine crucial parameters for its approved rights issue of up to Rs 600 lakhs. The meeting will finalize issue price, rights entitlement ratio, record date, and other terms for the equity share issuance, subject to regulatory approvals.

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Suryo Foods & Industries Limited has rescheduled its Board meeting to January 9, 2026, to finalize crucial parameters for its approved rights issue. The company informed BSE on January 2, 2026, about the latest change in meeting date, which was previously scheduled for January 2, 2026.

Rights Issue Approval and Background

The Board of Directors had earlier approved fund raising through the issuance of equity shares with a face value of Rs 10.00 each by way of rights issue. The approved amount does not exceed Rs 600.00 lakhs, targeting eligible equity shareholders as on the record date to be determined subsequently.

Rights Issue Parameters: Details
Issue Amount: Up to Rs 600.00 lakhs
Share Face Value: Rs 10.00 per share
Issue Type: Rights Issue
Target Recipients: Eligible equity shareholders
Previous Approval: December 11, 2025

The rights issue will be conducted in accordance with applicable laws including the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, subject to necessary regulatory and statutory approvals.

Latest Board Meeting Rescheduling

In compliance with Regulation 29 of the SEBI Listing Regulations, the company has intimated BSE about the rescheduled Board meeting. The meeting will determine various matters in connection with the rights issue, subject to receipt of in-principle approval from the Stock Exchange and other regulatory authorities.

Meeting Details: Information
Latest Meeting Date: January 9, 2026
Day: Friday
Previous Date: January 2, 2026
Latest Intimation Date: January 2, 2026
Purpose: Rights issue parameter determination
Regulatory Compliance: Regulation 29 SEBI LODR

Rights Issue Parameters to be Finalized

The January 9 Board meeting will consider and decide on crucial parameters that were previously marked for future determination. The Board will finalize detailed terms of the rights issue including issue price, rights entitlement ratio, record date, and other terms and conditions.

Implementation Aspects: Current Status
Rights Issue Price: To be determined January 9
Rights Entitlement Ratio: To be determined January 9
Record Date: To be determined January 9
Terms and Conditions: To be finalized January 9
In-principle Approval: Required from Stock Exchange

Regulatory Compliance Timeline

The company has maintained proper regulatory adherence by providing multiple prior intimations. The company referenced its earlier intimation letters dated December 12, 2025, December 17, 2025, and December 26, 2025, before announcing the latest schedule change on January 2, 2026.

Company Profile and Market Position

With a current paid-up equity share capital of Rs 39,600.00 thousand, the proposed rights issue represents a significant capital raising initiative. The company operates in the FMCG sector and is classified under the Small Cap category with a market capitalization of Rs 10.59 crores.

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