Corporate News
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.