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Suraj Industries informs about outcome of board meeting

25 Oct 2021 Evaluate
Suraj Industries has informed that the Board of Directors of the company in their meeting held on October 23, 2021 has given approval for acquiring 28.50,000 equity shares (face value- Rs 10 per share) representing 50% equity share capital and 6.40.000 Preference Shares (face value- Rs 100 per share) of Express Infra Financial Consultancy at a fair market value to be determined by an Independent Valuer in accordance with the provisions of Income Tax Act and Rules made thereunder. The Exchange will be updated once the agreement for the acquisition of shares is executed with the respective shareholders of that company. Took note of the permission received from the Excise Commissioner Rajasthan for the ‘Agreement for Tie-up Manufacture of Rajasthan Made Liquor Products’ executed with Globus Spirits (GSL). As per the Agreement GSL has allowed the Company for packaging of Rajasthan Made Foreign Liquor products of GSL at the Bottling Plant of the Company situated at the premises of Rajasthan State Ganganagar Sugar Mills Taragarh Road. Ajmer, Rajasthan. Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to the aforementioned agreements is enclosed as Annexure A.

The above information is a part of company’s filings submitted to BSE.

Suraj Industries Share Price

47.99 -1.81 (-3.63%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 222.80
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Amrapali Industries 18.21
Rashi Peripheral 530.50
PDS 300.95
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