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.

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.

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.

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.

Suryo Foods & Industries Limited , a company listed on the Bombay Stock Exchange (BSE: 519604), has announced a significant change in its capital structure. The Board of Directors, in a meeting held on September 17, 2025, approved an increase in the company's Authorized Share Capital from Rs. 10 crore to Rs. 15 crore.

Key Details of the Capital Increase

The decision to increase the Authorized Share Capital involves the creation of an additional 50 lakh equity shares, each with a face value of Rs. 10. This move will expand the total number of authorized equity shares from 1 crore to 1.5 crore.

Shareholder Approval and AGM

The resolution for this capital increase will be presented to shareholders for approval through an Addendum to the Notice of the 36th Annual General Meeting (AGM). This step is crucial for the company to formalize the expansion of its capital base.

Board Meeting Details

Regulatory Compliance

The company has duly informed the BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that all stakeholders are kept informed about significant corporate actions.

Potential Implications

While the increase in Authorized Share Capital does not immediately impact the company's outstanding shares or market capitalization, it does provide Suryo Foods & Industries with the flexibility for potential future capital raising activities. This could include issuing new shares for various corporate purposes such as expansion, acquisitions, or strengthening the balance sheet.

Investors and market participants will be keenly watching for any further announcements from the company regarding its plans for utilizing this expanded capital base. The upcoming AGM is likely to provide more insights into the company's strategic direction and the rationale behind this capital increase.