Suraj Industries Ltd — Important, 30-05-2026: Company Update

SURAJ INDUSTRIES LTD's Board has approved the request from Mr. Rajesh Gupta to be reclassified from the 'Promoter & Promoter Group' category to the 'Public' category. This decision is subject to approval from the Stock Exchange. The Board noted that Mr. Gupta holds less than one percent of the company's total voting rights, does not control its operations, and is not involved in management. Consequently, shareholder approval for this reclassification is not required. This development means a former promoter will transition to a public shareholder, potentially adjusting the company's ownership structure and market perception.