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Suraj Industries Ltd has announced a preferential allotment of 26.92 lakh equity shares at Rs. 76 each to non-promoter investors as part of the consideration for acquiring up to 1.62 crore shares in Carya Chemicals and Fertilizers Pvt Ltd. This transaction increases Suraj Industries’ stake in Carya to 85.75%. Following this allotment, the company’s paid-up equity capital stands at Rs. 18.53 Cr (1.85 crore shares of Rs. 10 face value). This move strengthens Suraj’s holding in Carya, supporting its strategic expansion.