Ram’s Assorted Cold Storage Acquires 20.47% Stake in Suryo Foods & Industries Through Rights Issue

Ram’s Assorted Cold Storage Limited (RASCL) has acquired 20.47% stake in Suryo Foods & Industries Limited through a rights issue. The acquisition was made at a price of ¥20 per equity share, including a premium of ¥10 per equity share. The rights issue date was March 9, 2026, and RASCL was allotted 14,29,914 fully paid-up Equity Shares of face value ¥10/- each. RASCL is a member of the Promoter Group and the acquisition was made under Regulation 29(1) of SEBI Takeover Regulations.