Suraj Industries Ltd — Important, 17-12-2025: Company Update

Suraj Industries' board has approved acquiring 1,35,000 equity shares of Shri Gang Industries and Allied Products Limited from a promoter group member. This cash acquisition boosts Suraj Industries' stake in Shri Gang from 19.31% to 20.02%, consolidating its shareholding in the breweries and distilleries sector. Shri Gang operates a bottling plant and a grain-based distillery, with strategic manufacturing and supply agreements with United Spirits Limited. For FY25, Shri Gang reported a turnover of Rs. 352.62 Cr and a Profit after Tax of Rs. 29.33 Cr. The transaction is expected to be completed within 30 days.