Share the post "SURAJ INDUSTRIES Launches Rights Issue, Debuting 22-07-2024!"
Suraj Industries Limited., is a leading player in the Edible Oil industry, categorized under the Fast Moving Consumer Goods sector, offering Equity instruments. the company is entered into the public market through its Rights Issue, set to launch from 22 Jul 2024 to 05 Aug 2024. Investors have the opportunity to acquire shares priced at 65.00 each, with a face value of Rs10.00 per share, the market lot for this company is 1.
| Security Name | SURAJ INDUSTRIES LTD |
|---|---|
| Start Date | 22-07-2024 |
| End Date | 05-08-2024 |
| Offer Price () | 65.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 22 Jul 2024 to 05 Aug 2024 |
| Issue Size – No.of Shares | 29,97,375 |
| Price (Inclusive Of Premium) | 65.00 |
| Market Lot | 1 |
| LTP | 94.35 |
| Registrar | BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED |
| Remarks | Notice no. :20240718-16 |
| Notes | Issue of upto 29,97,375 Partly Paid Up Equity Shares of face value of Rs.10/- each of our Company for cash at a price of Rs. 65/- per Rights Equity Share (including a premium of Rs. 55 per Rights Equity Share) aggregating up to Rs.1,948.29 Lakh on a rights basis to the Eligible Equity Shareholders of our Company in the ratio of 7 (Seven) Rights Equity Share for every 30 (Thirty) Equity Shares held by the Eligible Equity Shareholders of our Company on the Record Date i.e. Wednesday, July 10, 2024. On Application, Investors will have to pay Rs.32.50 per Rights Equity Share which constitutes 50% of the Issue Price and the balance Rs.32.50 per Rights Equity Share which constitutes 50% of the Issue Price, will have to be paid, on one or more subsequent Call(s), as determined by our Board/ Committee at its sole discretion, from time to time. |
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