Suraj Industries Ltd — Important, 09-10-2025: Company Update

Suraj Industries has announced a Rights Issue of up to 2.99 Cr partly paid-up equity shares at ₹40 per share, including a ₹30 premium. Investors pay ₹10 on application, with the remaining ₹30 due on subsequent calls. This issue aims to raise up to ₹119.70 Cr. The funds will primarily support a ₹47.32 Cr investment in its subsidiary Carya Chemicals for a distillery unit and a ₹14.99 Cr manufacturing unit for corrugated boxes and PET bottles. Additional uses include repaying ₹7.20 Cr in unsecured loans, acquiring Carya shares worth ₹8.04 Cr, and general corporate purposes. The rights ratio is 21 new shares for every 13 held. #RightsIssue #CapitalRaise #BusinessExpansion