Suryo Foods & Industries Limited has completed the allotment of 29,70,000 equity shares through its rights issue at ₹20 per share, increasing paid-up capital from ₹3,96,00,000 to ₹6,93,00,000. The rights issue ran from February 19 to March 6, 2026, with Board approval for allotment granted on March 9, 2026. The successful completion represents a 75% increase in outstanding shares and demonstrates strong shareholder participation in the company's capital expansion initiative.

Suryo Foods & Industries Completes Rights Issue Allotment of 29.70 Lakh Shares

Suryo Foods & Industries Limited Completes Rights Issue Allotment

Suryo Foods & Industries Limited has achieved a major milestone in its capital expansion plans by successfully completing the allotment of 29,70,000 fully paid-up equity shares through its rights issue.

The company's Board of Directors had approved the rights issue to enhance the company's capital base and support its growth initiatives.
The allotment of equity shares marks a significant step towards the realization of the company's capital expansion plans.
The successful completion of the rights issue is expected to provide a boost to the company's financial position and enhance its ability to invest in growth-oriented projects.

The company's Board of Directors had approved the rights issue to enhance the company's capital base and support its growth initiatives.

With the successful completion of the rights issue allotment, Suryo Foods & Industries Limited is well-positioned to drive its growth plans and achieve its business objectives.

Key Highlights:

Successful completion of rights issue allotment of 29,70,000 fully paid-up equity shares.
Enhanced capital base to support growth initiatives.
Improved financial position to invest in growth-oriented projects.