ALPHA TRIBE

Suraj Industries LtdImportant, 16-04-2026: Company Update

16-04-2026 | 07:24 pm

Suraj Industries' Rights Issue Committee has approved the forfeiture of 1,37,972 partly paid-up equity shares. This action follows the non-payment of the First Call Money by shareholders who acquired these shares through a rights issue. As a result, all rights and previously paid amounts on these shares are extinguished and forfeited to the company. The company now owns these shares and can re-issue or dispose of them as it sees fit. This impacts the shareholding structure and capital of the company by consolidating ownership of these specific shares.

No comments yet. Be the first to comment!

All announcements from Suraj Industries Ltd