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Suraj Industries acquires additional stake in CARYA

20 Nov 2025 Evaluate

Suraj Industries has completed the acquisition of 41,05,120 equity shares of M/s Carya Chemicals & Fertilizers (CARYA) from M/s Sarth Agbev and Energy for a total consideration of Rs 5.17 crore, at a price of Rs 12.60 per share.

Consequent to the above acquisition, the Company’s shareholding in CARYA stands revised to 95.44% of its paid-up equity share capital.

Suraj Industries is an edible oil manufacturing company. It also provides liquor products under the brand name Old Monk Rum.

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