suraj industries has reported a revision in its shareholding within Shri Gang Industries and Allied Products Limited following a preferential allotment of equity shares. The stake in Shri Gang now stands at 18.83% of the increased paid-up equity share capital, as detailed in a regulatory filing submitted on June 06, 2026.

Shri Gang communicated the allotment details to Suraj Industries, indicating the issuance of shares to both promoter and public categories. The company allotted 1,34,680 equity shares of face value ₹10 each to an allottee in the Promoter & Promoter Group category. These shares were issued pursuant to the conversion of 1,34,680 Fully Convertible Warrants at an issue price of ₹99 per warrant, aggregating to ₹1,33,33,320.

Additionally, Shri Gang allotted 11,24,375 equity shares of face value ₹10 each to persons or entities in the Public category. This allotment arose from the conversion of 11,24,375 Compulsorily Convertible Preference Shares (CCPS) of face value ₹10 each at a conversion price of ₹76 per share, executed via preferential allotment on a private placement basis.

Consequent to these transactions, the paid-up equity share capital of Shri Gang has increased to ₹21,23,90,550. This capital is divided into 2,12,39,055 equity shares of face value ₹10 each. The filing was submitted by Snehlata Sharma, Company Secretary & Compliance Officer of Suraj Industries, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Allotment

suraj industries submitted an application to BSE Limited on June 03, 2026, seeking approval to reclassify Mr. Rajesh Gupta from the promoter group to the public category. The request is made pursuant to Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This reclassification alters the shareholding structure of the company by moving a person previously forming part of the promoter group into the public category.

The application was submitted to the exchange to comply with the provisions of Regulation 31A of the SEBI LODR Regulations. The company has requested BSE Limited to take the intimation on record. The specific individual affected by this reclassification is Mr. Rajesh Gupta, who is currently classified as a person forming part of the Promoter/Promoter Group.

Reclassification Details

The following table outlines the key details of the reclassification application submitted by the company:

The intimation was signed by Snehlata Sharma, the Company Secretary & Compliance Officer of Suraj Industries Ltd. The company’s registered office is located at F-32/3, Second Floor, Okhla Industrial Area, Phase-II, New Delhi-110020.