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

Suraj Industries Ltd. has completed the acquisition of 25,000 equity shares in Shri Gang Industries and Allied Products Limited. Separately, Shri Gang allotted 2,50,000 new equity shares via preferential allotment by converting preference shares at ₹99 per share. This increased Shri Gang's paid-up equity capital to ₹19.98 Crore. Consequently, Suraj Industries' shareholding in Shri Gang now stands at 20.02% of the paid-up equity capital. This update revises Suraj Industries' ownership stake in Shri Gang, reflecting a significant change in its investment.