Suraj Industries Ltd — Important, 22-06-2026: Company Update

Suraj Industries has completed the conversion of an unsecured loan of approximately 25 Cr into equity shares of its material subsidiary, Carya Chemicals & Fertilizers Private Limited. Carya allotted 1.05 Cr equity shares at Rs. 23.80 each, raising Suraj Industries' stake from 95.44% to 96.06%. This move enhances control and strengthens the company’s holding structure. Carya operates a bottling plant for liquor and is building a distillery, with a turnover of 87.11 Cr for FY26. No cash was involved in this transaction.