ALPHA TRIBE

Suraj Industries LtdImportant, 11-11-2025: Company Update

11-11-2025 | 12:09 pm

Suraj Industries has announced the successful allotment for its Rights Issue of partly paid-up equity shares. The issue saw strong investor interest with oversubscription at 112.56%, leading to the allotment of 2.99 crore shares. These shares were issued at ₹40 each (including a premium), aggregating to ₹119.70 Cr. Eligible shareholders received shares in a 21:13 ratio. The credit of shares to demat accounts and commencement of trading are imminent, enhancing the company's capital base.

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