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

SURAJ INDUSTRIES' board has approved key strategic initiatives. The company will convene its 33rd Annual General Meeting. Significant among approvals is the increase in authorized share capital from Rs. 40 Cr to Rs. 50 Cr, enabling future growth. The board also gave the nod to various related party transactions: substantial material purchases from its subsidiary, Carya Chemicals, up to Rs. 60 Cr (FY26) and Rs. 90 Cr (FY27), alongside investments/loans up to Rs. 50 Cr. Furthermore, they approved an acquisition of Carya shares and a Rs. 2.50 Cr loan, plus the MD's remuneration at up to Rs. 0.15 Cr/month, all pending shareholder approval. This positions the company for operational expansion and subsidiary support.