Suraj Industries Ltd — Important, 04-09-2025: Company Update

Shri Gang Industries and Allied Products Limited completed the conversion of 3.50 lakh Compulsorily Convertible Preference Shares (CCPS) of face value Rs. 10 each into an equal number of equity shares at a conversion price of Rs. 76 per share. This preferential allotment to public entities increased Shri Gang's paid-up equity capital from Rs. 17.93 Cr to Rs. 18.28 Cr. Consequently, Suraj Industries' stake in Shri Gang Industries stands adjusted to 20.10% of the expanded equity share capital.