BSE · Corporate Action · Low

BSE lists 16,84,24,217 new shares of Sumeet Industries from rights issue

Sumeet Industries' 16,84,24,217 rights equity shares, each of face value Rs. 2 at a premium of Rs. 9.86, are listed and tradable from July 24, 2026.

23 Jul 2026 Effective July 24, 2026 Affects: Shareholders of Sumeet Industries Ltd. (Scrip Code: 514211); the new shares will dilute existing holdings proportionally.

What changed

16,84,24,217 new equity shares of Sumeet Industries listed on BSE.
Shares issued on rights basis at face value Rs. 2 and premium Rs. 9.86 per share.
New shares rank pari-passu with existing equity shares from July 24, 2026.

The read

BSE has admitted 16,84,24,217 new equity shares of Sumeet Industries following the company's rights issue. The shares, each of face value ₹2 issued at a premium of ₹9.86, rank pari-passu with the existing stock and begin trading on July 24, 2026. This is a routine listing notification from the exchange's Listing Operations department. For existing shareholders, the increase in share count means proportional dilution, though the rights issue itself has already been priced in. No further action is required beyond normal settlement.

Sumeet Industries Ltd.16,84,24,217 equity sharesRights issue

Primary source: official circular (PDF)