Suraj Industries Ltd — Important, 16-09-2025: Company Update
16-09-2025 | 08:01 pm
16-09-2025 | 08:01 pm
SURAJ Industries' Board has approved acquiring additional shares of Carya Chemicals & Fertilizers, boosting its stake from 85.75% to 95.44%. This involves purchases from Mr. Suraj Prakash Gupta for Rs. 2.86 Cr and M/s Sarth Agbev & Energy for Rs. 5.17 Cr, totaling Rs. 8.03 Cr at Rs. 12.60 per share. These related party transactions were shareholder-approved. Carya operates a bottling plant and is constructing a distillery. The Board also approved a rights issue to eligible shareholders, aiming to raise up to Rs. 120 Cr. This move consolidates control over Carya and secures significant growth capital.
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