Suraj Industries Ltd — Important, 19-03-2026: Company Update

Suraj Industries' Board of Directors approved acquiring 1,40,000 additional equity shares in Shri Gang Industries and Allied Products from promoter group members. This acquisition increases Suraj Industries' stake from 19.31% to 20.02%. Shri Gang operates an IMFL/Country Liquor bottling plant and a grain-based distillery, holding exclusive manufacturing and supply agreements with United Spirits Limited. For FY25, Shri Gang reported a turnover of 352.62 Cr and a Profit after Tax of 29.33 Cr. This strategic move consolidates Suraj Industries' holding in a significant player within the alcoholic beverages and ENA manufacturing industry.