Suraj Industries Ltd — Important, 28-01-2026: Company Update

SURAJ INDUSTRIES has issued a First Call Notice for its 2.99 Crore partly paid-up equity shares. Shareholders must pay Rs. 10 per share during the specified period. This payment, totaling around Rs. 29.93 Crore for the company, will convert the shares from Rs. 2.50 paid-up to Rs. 5 paid-up. Failure to pay will incur 12% annual interest and could lead to share forfeiture. Trading of the Rs. 2.50 paid-up shares is now suspended. New Rs. 5 paid-up shares are expected to trade within two weeks after the payment period closes.