Investment11 Mar 2026, 05:02 pm
Ram's Assorted Cold Storage Limited Acquires 20.47% Stake in Suryo Foods & Industries Limited Through Rights Issue
AI Summary
Ram's Assorted Cold Storage Limited (RASCL), a member of the Promoter Group, 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 of ¥10/- each. This acquisition has resulted in a change in the shareholding/voting rights of RASCL in Suryo Foods & Industries Limited.
Key Highlights
- Ram's Assorted Cold Storage Limited (RASCL) has acquired 20.47% stake in Suryo Foods & Industries Limited.
- The acquisition was made at a price of ¥20 per equity share, including a premium of ¥10 per equity share.
- RASCL was allotted 14,29,914 fully paid-up Equity Shares of face value of ¥10/- each.
- The acquisition has resulted in a change in the shareholding/voting rights of RASCL in Suryo Foods & Industries Limited.
- The rights issue date was March 9, 2026.