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Jul
Surat (Gujarat) [India], July 27: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has successfully completed its Rights Issue, with the Board of Directors approving the allotment of 16,84,24,217 Equity Shares of face value ₹2 each at an issue price of ₹11.86 per Equity Share, aggregating ₹199.75 Cr. The Rights Issue was offered to eligible shareholders in the ratio of 8 Rights Equity Shares for every 25 fully paid-up Equity Shares held. The issue remained open from June 22, 2026 to July 20, 2026, enabling existing shareholders to…
