Suraj Industries Ltd — Important, 30-07-2026: Company Update

Suraj Industries has submitted its Monitoring Agency Report concerning the utilization of Rights Issue proceeds. The report confirmed no deviation in how the 119.70 Cr raised was used. By the quarter's end, the company had utilized 59.70 Cr. Significant updates include a revised cost for setting up corrugated boxes and PET bottles manufacturing, and the addition of acquiring equity shares of VRV Foods Limited as an object; both changes received shareholder approval at an Extra-Ordinary General Meeting. Approximately 0.04 Cr was deployed for general corporate purposes, including payments for holograms and miscellaneous expenses.