Suraj Industries Ltd has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI depositories regulations. The filing, dated April 06, 2026, demonstrates the company's adherence to mandatory compliance procedures for listed entities.

Regulatory Compliance Filing

The certificate was filed pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, addressing the company's dematerialization processes during the fourth quarter of FY26. Company Secretary and Compliance Officer Snehlata Sharma signed and submitted the document to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Registrar Confirmation

M/s Beetal Financial & Computer Services Pvt Ltd, serving as the company's registrar and share transfer agent, provided the underlying certificate dated April 03, 2026. The SEBI-approved category I registrar confirmed compliance with dematerialization procedures during the quarter.

Beetal Financial confirmed several key compliance aspects:

• Securities received from depository participants for dematerialization were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days

Corporate Information

The filing represents routine quarterly compliance for publicly listed companies, ensuring transparency in share transfer and dematerialization processes. Beetal Financial & Computer Services Pvt Ltd, with SEBI registration number INR 000000262, continues to serve as the company's registrar and share transfer agent, maintaining the company's shareholder records and facilitating electronic share transfers.

Suraj Industries Ltd has officially completed its second acquisition of additional equity shares in Shri Gang Industries and Allied Products Limited, with the company's shareholding now revised to 20.02% following capital structure changes at the target company. The completion was confirmed through a regulatory filing dated March 30, 2026.

Acquisition Completion Details

The company successfully completed the acquisition of 25,000 equity shares from Mr. Vikas Gupta, a promoter group member of Shri Gang Industries. This follows the earlier completion of acquiring 24,800 equity shares from Mr. Ritesh Gupta on March 27, 2026, both transactions having received Board approval on March 26, 2026.

Capital Structure Changes Impact

Shri Gang Industries has allotted 2,50,000 equity shares of face value ₹10.00 each pursuant to the conversion of 2,50,000 Compulsorily Convertible Preference Shares (CCPS) at a conversion price of ₹99.00 per equity share. The allotment was made through preferential allotment on private placement basis to promoter and promoter group entities.

Target Company Performance

Shri Gang Industries operates in the breweries and distilleries sector with established manufacturing capabilities including a bottling plant for Indian Made Foreign Liquor and Country Liquor at Sandila, District Hardoi, Uttar Pradesh, and a grain-based distillery commissioned in September 2022.

Regulatory Compliance

The transactions were executed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both acquisitions were reviewed and approved by the Audit Committee before Board consideration and were undertaken on an arm's length basis. The pricing was determined as the average of opening and closing market prices of Shri Gang's equity shares on BSE Limited on the working day immediately preceding each transaction execution date.