Suraj Industries Ltd — Important, 01-09-2025: Company Update

Suraj Industries' Board has approved acquiring 75,000 equity shares of its associate, Shri Gang Industries and Allied Products Limited. This cash acquisition will increase Suraj's holding from 20.08% to 20.50%, consolidating its stake. Shri Gang operates bottling plants and a grain-based distillery for IMFL and ENA, boasting strategic partnerships with United Spirits Limited. For the period ending March 31, Shri Gang reported a turnover of Rs. 352.62 Cr and a Profit after Tax of Rs. 29.33 Cr. This move strengthens Suraj's footprint in the growing alcoholic beverages and ENA manufacturing sector.