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Suraj Industries Ltd. announced that its board approved the subscription of 75,850 equity shares of VRV Foods Limited, an associate company, for Rs 50,06,100, increasing Suraj Industries` stake in VRV from 20.01% to 20.41%. The shares are being acquired at a price of Rs 66 per share, based on a valuation report by KZEN Valtech Private Limited, and the acquisition is expected to be completed within one month.

Suraj Industries Ltd. announced that its board approved the subscription of 75,850 equity shares of VRV Foods Limited, an associate company, for Rs 50,06,100, increasing Suraj Industries` stake in VRV from 20.01% to 20.41% of the increased paid-up equity share capital. The shares are being acquired at a price of Rs 66 per share, based on a valuation report by KZEN Valtech Private Limited, and the acquisition is expected to be completed within one month.

Suraj Industries Ltd. will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Suraj Industries Ltd. approved material related party transactions with Carya Chemicals & Fertilizers Private Limited, an unlisted material subsidiary, totaling up to Rs 100 crore for loans, guarantees, and investments in 2026-27 and 2027-28, and up to Rs 20 crore for the sale and purchase of Extra Neutral Alcohol (ENA) in each of those years. The board also approved related party transactions between Carya Chemicals & Fertilizers Private Limited and VRV Foods Limited, an associate company, including borrowings of up to Rs 15 crore in 2026-27 and 2027-28, and purchases of ENA and other goods totaling up to Rs 15 crore in 2026-27 and Rs 30 crore in 2027-28, all subject to member approval at the company’s 34th Annual General Meeting on September 30, 2026.

Net profit of Suraj Industries reported to Rs 4.15 crore in the quarter ended June 2026 as against net loss of Rs 1.11 crore during the previous quarter ended June 2025. Sales rose 282.42% to Rs 30.02 crore in the quarter ended June 2026 as against Rs 7.85 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales30.027.85 282 OPM %21.95-6.11 - PBDT5.89-0.88 LP PBT4.85-1.74 LP NP4.15-1.11 LP Powered by Capital Market - Live News