StockWatch
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Other Textile Products
Corporate Action30 Jun 2026, 05:00 pm

Suditi Industries Ltd: Trading Approval for New Equity Shares

AI Summary

Suditi Industries Ltd has received trading approval for 24,90,733 equity shares issued on a preferential basis to non-promoters. These shares, with a face value of ₹10 and issued at a premium of ₹49.12, totaling an issue price of ₹59.12, will commence trading on June 30, 2026. The new shares rank pari-passu with existing equity shares. The shares are subject to a lock-in period until December 31, 2026.

Key Highlights

  • Trading approval granted for 24,90,733 new equity shares.
  • Shares issued at a premium of ₹49.12, total issue price ₹59.12.
  • Trading commences on June 30, 2026.
  • New shares rank pari-passu with existing equity.
  • Lock-in period for shares until December 31, 2026.