Suraj Industries reported a net loss of ₹194.60 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹72.94 lakh in the previous year. Revenue from operations for the year decreased to ₹2563.13 lakh from ₹3218.19 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹23.32 lakh, while revenue stood at ₹586.66 lakh.

The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026. The Statutory Auditors conducted an audit of the standalone financial results for the quarter and year ended March 31, 2026, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and expressed an unmodified audit opinion.

Financial Performance

The company's financial results for the quarter and year ended March 31, 2026, are detailed below:

Corporate Actions

During the year, the company allotted 26,92,409 equity shares of ₹10 each at a premium of ₹66 per share to the shareholders of Carya Chemicals & Fertilizers Private Limited. This allotment was made pursuant to a share swap arrangement for the acquisition of shares, with the swap price determined based on a registered valuer's report dated March 29, 2025.

Additionally, the company issued 2,99,25,394 partly paid-up equity shares of face value ₹10 each on a rights basis. As of March 31, 2026, first call money had been received for 2,97,56,765 shares, with first call money aggregating to ₹4,21,57,250 remaining outstanding. The balance 50% of the issue price has not yet been called up by the Board.

Segment Reporting

Suraj Industries operates through two business segments: liquor operations and trading operations. However, during the quarter and year ended March 31, 2026, there were no operations in the trading segment.

suraj industries has received a request from a promoter group member seeking reclassification to the public category. The company intimated the stock exchanges on May 21, 2026, that Mr. Rajesh Gupta, currently classified under the ‘Promoter Group’ category, has submitted a request to be reclassified as a ‘Public’ shareholder.

The request was made pursuant to Regulation 30 read with Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In his application, Mr. Gupta stated that he presently holds 10 equity shares of Rs. 10 each in the company. He declared that he is no longer connected to the business of the company, is not engaged in day-to-day activities, and does not have the right to appoint directors or control management decisions.

Undertakings Provided

As part of the reclassification process, Mr. Gupta provided several undertakings to the Board of Directors. He confirmed that he, along with persons seeking reclassification, does not hold more than 10% of the total voting rights in the company. He further undertook that he does not exercise control over the affairs of the company through formal or informal arrangements and does not possess any special rights.

Additional declarations included not being represented on the Board of Directors, not acting as Key Managerial Personnel, and not being a wilful defaulter or a fugitive economic offender. He also confirmed there is no pending regulatory action against him.

Board Consideration

The company stated that the request will be placed before the Board of Directors in the ensuing Board Meeting for consideration and approval. The process is subject to compliance with the applicable provisions of the Listing Regulations. Following Board approval, the company will apply for and obtain the requisite approvals from the authorities to effect the change in shareholding pattern.