Suraj Industries Ltd — Updates, 28-07-2025: Company Update

SURAJ INDUSTRIES LTD's board has approved its 33rd Annual General Meeting on August 26. They'll seek shareholder approval to increase authorized share capital from Rs 40 crore to Rs 50 crore, enabling future funding. The board also re-appointed internal and independent directors, and appointed a new secretarial auditor. Significant related party transactions were approved, including up to Rs 60 crore in FY26 and Rs 90 crore in FY27 for purchases from a material subsidiary, alongside a Rs 50 crore investment. Acquisitions of subsidiary shares from two related parties and a Rs 2.5 crore loan were greenlit, signaling key strategic initiatives.