Suraj Industries Ltd — Important, 31-10-2025: Company Update
31-10-2025 | 09:58 pm
31-10-2025 | 09:58 pm
Suraj Industries Ltd's material subsidiary, Carya Chemicals & Fertilizers Private Limited, has received an Entitlement Certificate for an Investment Subsidy under the Rajasthan Investment Promotion Scheme (RIPS) – 2022. This entitles Carya to an investment subsidy of up to Rs 64.16 Crores. The subsidy will be provided by way of reimbursement of 75% of State Tax (SGST & VAT) deposited over a maximum period of seven years. This financial benefit is for the investment made in its bottling plant for liquor manufacturing in Rajasthan, positively impacting the subsidiary's cash flow and operational costs.
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