Suraj Industries Ltd — Important, 18-06-2026: Company Update

Suraj Industries' Board has approved converting an outstanding unsecured loan of ₹25 Cr into equity shares of its material subsidiary, Carya Chemicals & Fertilizers Private Limited (CARYA). This strategic move will increase Suraj Industries' shareholding and strengthen its control over CARYA, an entity in the breweries and distilleries sector that reported ₹87.11 Cr turnover for FY2025-26. The ₹25 Cr acquisition, considered a related party transaction but based on a valuation report, involves no cash outflow and is expected to finalize within two weeks.