Suraj Industries Ltd — Important, 30-03-2026: Company Update

Suraj Industries Ltd. completed the acquisition of 25,000 equity shares in Shri Gang Industries and Allied Products Limited. Separately, Shri Gang converted 2,50,000 preference shares into new equity shares via a preferential allotment, increasing its paid-up capital to ₹19.98 Cr. These actions have revised Suraj Industries' shareholding in Shri Gang to 20.02% of the total paid-up equity share capital. This significant update reflects Suraj Industries' updated strategic investment.