Sumeet Industries Limited announced that its Board of Directors, in a meeting held on January 19, 2026, approved the raising of funds through a Rights Issue. The company plans to issue equity shares with a face value of ₹2 each, aggregating up to ₹200.00 Crores. The terms of the Rights Issue will be decided by the Board or a duly constituted committee at a later date. The eligibility for shareholders will be determined as of a record date, which is yet to be notified. This move is subject to receipt of necessary regulatory and statutory approvals and is in accordance with the Companies Act, 2013, and SEBI regulations.

The board meeting commenced at 03:30 P.M. and concluded at 04:10 P.M. on January 19, 2026. The detailed disclosure regarding the Rights Issue has been provided as Annexure A.