Suraj Industries Ltd — Updates, 19-05-2025: Company Update

Suraj Industries Ltd has approved the allotment of 26.92 lakh equity shares at Rs. 76 each to non-promoter investors as part of its acquisition of up to 1.62 crore shares in Carya Chemicals and Fertilizers Pvt Ltd. Following this allotment, Suraj’s stake in Carya has increased to 85.75%, with its paid-up equity capital rising to Rs. 18.52 Cr across 1.85 crore shares. This move strengthens Suraj’s holding in Carya, reflecting its strategic focus on expanding investment in related entities.