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Suditi Industries LtdImportant, 19-12-2025: Company Update

19-12-2025 | 09:58 pm

Suditi Industries' board approved several key strategic initiatives. The company will increase its authorized share capital from Rs. 60 Cr to Rs. 70 Cr and expand its Memorandum of Association to include retailing and related businesses. It also raised its investment/loan limit to Rs. 500 Cr. The board approved acquiring the remaining 50% stake in SAA & Suditi Retail, making it a wholly-owned subsidiary to enhance operational control. Additionally, Mr. Raja Gopal Chinraj was re-appointed as Whole Time Director for three years. To fuel growth, the company plans to raise approximately Rs. 42.97 Cr through preferential warrants and Rs. 15.91 Cr through preferential equity shares. These proposals require shareholder approval at an upcoming Extra-Ordinary General Meeting.

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